The Silver Ink

Sunday, January 17, 2021
Log in
  • United States & World
  • Techie
  • Business & Company News
  • Discovery
  • Lifestyle

Pages

  • About The Silver Ink
  • Advertising
  • Contact US
  • Investor Relations
  • Our Team
  • Privacy Policy GDPR
  • Sec Disclosure
  • Terms of Use

Recent Posts

  • David The Puzzle Man Butler Uses His Newfound Hobby to Help Community June 29, 2018
  • Diamond Thief Arrested in Chicago Days After Stealing $133,000 Worth of Precious Stones June 29, 2018
  • Colorado Goth Metal Band Founder Stabs Homeless Person to Death in Back Alley June 28, 2018
  • Irate South Carolina Woman Cusses Out Black Teens at Pool, Assaults Sheriff’s Deputy June 27, 2018
  • Georgia Couple Arrested For Keeping Mentally Challenged Daughter Locked Inside Room for Months June 27, 2018
  • Washington Man Paralyzed After Run-in With Gun-Toting Carjacker June 26, 2018
  • Autistic Boy Admitted to Emergency Room After Being Impaled By A Plank of Wood June 25, 2018

Adecco Posts Slowdown in Revenue Growth

December 8, 2014 By Stephanie James

The leading staffing firm by sales in the world, Adecco, stated that it’s hurt by sluggish revenue growth for the third quarter of the year because of the slow performance of its Germany and France operations.

Europe, which happens to be one of the main drivers of revenue for the company, is currently struggling to sustain economic growth with a review conducted lately saying that euro zone business activity revealed a sluggish growth rate for October.

Adecco said that the bleak growth of its revenue has driven it to take fewer part-time staff which experts say can likely pose a threat to the company’s profitability target for 2014.

Adecco Posts Slowdown in Revenue GrowthThe largest market of Adecco is France which experienced a lower than expected profit growth dragging the recent third quarter results. The revenues in this country went down by 3% compared to the flat sales that it disclosed during the second quarter.

Meanwhile, profits in Germany edged up by 1% only as some of its stakeholders delayed their projects and postponed their investments.

Patrick De Maeseneire, the chief executive of Adecco, said that the management is still hoping for a fast revenue growth in 2015 but understands that it’s kind of improbable given the tumbling European GDP estimates.

De Maeseneire said that the company will rule out purchases for its staffing business until the end of next year and declared a recent 250-million euro buyback arrangement by the end of its current buyback program.

Filed Under: Automotive & Aviation Industry, Business & Company, Capital Markets, IT & Diversified Sector Tagged With: Adecco

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 24 other subscribers

first humans who arrived in North America

First Humans Arrived In North America 10000 Years Earlier

January 17, 2017 By Dave Smith Leave a Comment

gold coin

Rare Gold Coin Found In a Toy Pirate Treasure

October 27, 2016 By Kyle Mills Leave a Comment

clothing material

Air conditioning could be replaced with clothing material that keeps you cool

September 2, 2016 By Carrie Davis Leave a Comment

proxima centauri star

Scientific Breakthrough – Habitable Planet near Proxima Centauri

August 27, 2016 By Dave Smith Leave a Comment

USS independence

Deep Sea Exploration Of World War II Vessel

August 23, 2016 By Dave Smith Leave a Comment

statue of Zeus

Ancient Zeus Sacrifice Skeleton Found In Greece

August 12, 2016 By Dave Smith Leave a Comment

white robot

Robot Exoskeleton Could Improve Life Of The Disabled

August 11, 2016 By Dave Smith Leave a Comment

Bird Fossil Holds Answers to Life After Dinosaurs

October 30, 2015 By Dave Smith Leave a Comment

Polar Bears Are Slowly Dying Due to Climate Change

September 17, 2015 By Stephanie James Leave a Comment

Study Shows Birds Also Fall in Love

September 15, 2015 By Jeff Suchon Leave a Comment

Man-made Climate Change Produces the Highest Temperatures Ever

September 14, 2015 By Dave Smith Leave a Comment

Researchers Discover Why Sweetgrass Is An Efficient Insect Repellent

August 19, 2015 By Jeff Suchon Leave a Comment

The Drinkable Book Could Be The Easiest Way To Clean Water

August 18, 2015 By Jeff Suchon Leave a Comment

Study Reveals Venomous Frogs Are More Dangerous Than Pit Vipers

August 8, 2015 By Kyle Mills Leave a Comment

Categories

  • Automotive & Aviation Industry
  • Business & Company
  • Capital Markets
  • Discovery
  • entertainment
  • Health
  • IT & Diversified Sector
  • Lifestyle
  • Nature
  • Science
  • Techie
  • Uncategorized
  • United States & World
  • World

Copyright © 2021 thesilverink.com

About · Privacy Policy · Terms of Use · Contact

This website uses cookies to ensure you get the best experience on our website. Learn more.