Edition:
India

Adecco Group AG (ADEN.S)

ADEN.S on Virt-X Level 1

60.60CHF
12 Nov 2019
Change (% chg)

CHF0.28 (+0.46%)
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CHF60.32
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CHF60.66
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Latest Key Developments (Source: Significant Developments)

Adecco CEO sees no worsening Of trend after revenues fall 4% at start of Q4
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Adecco Group AG ::ADECCO CEO TELLS REUTERS - REVENUE IN SEPTEMBER AND OCTOBER FELL 4%; SEES NO WORSENING OF TREND.ADECCO CEO SEES ECONOMIC UNCERTAINTY IN FRANCE, BRITAIN WEIGHING ON HIRING.ADECCO CEO SAYS COMPANIES IN BRITAIN HIRING TEMPORARY STAFF BECAUSE OF BREXIT UNCERTAINTY, NOT HIRING PERMANENT STAFF.ADECCO CEO SAYS MARKET HAS STABILISED AT SLIGHTLY LOWER LEVEL.  Full Article

Adecco Sells Soliant Health For $612 Mln To Olympus Partners
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Adecco Group AG ::ADECCO GROUP ANNOUNCES DIVESTMENT OF SOLIANT HEALTH IN US.SALE IS PART OF ADECCO GROUP'S STRATEGY TO CONCENTRATE ON GLOBALLY SCALABLE BRANDS AND DIGITAL SOLUTIONS.DEFINITIVE AGREEMENT TO SELL ITS US HEALTHCARE STAFFING BUSINESS, SOLIANT HEALTH, FOR A CASH CONSIDERATION OF USD 612 MILLION (EUR 551 MILLION), TO OLYMPUS PARTNERS.IN 12 MONTHS ENDING 30 JUNE 2019, SOLIANT GENERATED REVENUES OF USD 344 MILLION (EUR 302 MILLION) AND EBITDA OF APPROXIMATELY USD 54 MILLION (EUR 47 MILLION).DIVESTMENT IS EXPECTED TO RESULT IN A GAIN ON SALE FOR ADECCO GROUP TO BE RECOGNISED UPON CLOSING.TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO BE COMPLETED BY Q1 2020.GROUP WILL PROVIDE AN UPDATE ON USE OF PROCEEDS WITH Q4 2019 RESULTS IN FEBRUARY 2020.  Full Article

Adecco Group Completes Share Capital Reduction
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Adecco Group AG ::ADECCO GROUP COMPLETES SHARE CAPITAL REDUCTION.HAS CANCELLED 3,231,750 SHARES ACQUIRED UNTIL 8 FEBRUARY 2019 UNDER THE SHARE BUYBACK PROGRAM COMPLETED IN MARCH 2019.NEW SHARE CAPITAL COMPRISES 163,344,177 REGISTERED SHARES.  Full Article

Adecco Issues 7 Bln Yen Guaranteed Notes
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Adecco Group AG ::ADECCO GROUP SUCCESSFULLY ISSUED JPY 7 BILLION (APPROXIMATELY EUR 56 MILLION) OF 1.14% GUARANTEED NOTES DUE 12 APRIL 2039.  Full Article

Adecco Group Appoints Teppo Paavola As Chief Digital Officer
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Adecco Group AG ::ADECCO GROUP APPOINTS TEPPO PAAVOLA AS CHIEF DIGITAL OFFICER.  Full Article

Safran And Adecco Sign Strategic Agreement To Provide Aerospace Training
Friday, 30 Mar 2018 

March 30 (Reuters) - SAFRAN SA ::SAID ON THURSDAY IT SIGNED WITH ADECCO GROUP STRATEGIC AGREEMENT TO PROVIDE PROFESSIONAL TRAINING TO SUPPORT THE TRANSFORMATION OF THE AEROSPACE INDUSTRY.  Full Article

Adecco Group completes share buyback programme
Tuesday, 13 Mar 2018 

March 13 (Reuters) - The Adecco Group ::Completes Share Buyback Programme Of Eur 300 Million.SAYS ‍REPURCHASED 4,580,260 OF ITS SHARES (EQUIVALENT TO 2.68% OF SHARE CAPITAL AT LAUNCH OF SHARE BUYBACK PROGRAMME) VIA A SECOND TRADING LINE​.  Full Article