
capital of 18% over the last 13 years. Other temporary staffing firms that may also benefit include Manpower MAN and Adecco ADO . Adecco is the worldwide leader in temporary staffing, with Manpower not too far behind. These two firms have a strong
Adecco 's ADO second-quarter 2006 earnings left us ..... temporary workers and professionals. Adecco continues its quest to increase the mix ..... boost profits over time, and we think Adecco will continue to benefit from its efforts
Adecco ADO reported fourth-quarter and year-end ..... for its permanent placement employees. Adecco 's revenues increased 6.2% for the ..... buoyant goal at the expense of margins. Adecco 's profitability improved over last year
On Jan. 9, Adecco ADO announced that it will acquire 29% of ..... This deal will not change our opinion of Adecco or our fair value estimate of the firm ..... s three-month average share price. Adecco is paying a rich 30 times DIS Deutscher
Adecco 's ADO third-quarter results, reported Nov. 16, were ..... operating margins are tracking ahead of our forecasts. Adecco 's revenue increased 7% over last year's third quarter. Adecco Staffing (88% of revenue) generated growth of
Kelly's own history and larger peers like Manpower MAN and Adecco ADO , declining to 16.2% from 16.3% last year. We think ..... s operating margins are roughly half those of Manpower and Adecco 's, and if this trend persists, we may have to lower our
Adecco 's ADO second-quarter results were relatively in line with our expectations ..... profitability will be difficult to achieve in tandem. Some of this is evident by Adecco 's U.S. operations. The company got rid of some lower-margin business
operating margin continued to be fairly low compared with prior periods and also below those of major rivals like Manpower MAN and Adecco ADO . Although we don't forecast much margin expansion over the next five years, 1% margins at this point in the cycle still
Adecco 's ADO first-quarter 2005 results were largely ..... Important highlights in the quarter included Adecco 's French market (one third of the firm ..... our fair value estimate. Good news for Adecco is that its motion to dismiss was granted
Adecco ADO recently announced that internal investigations ..... finding anything financially material to the Adecco Group." We still think above-average ..... shareholder lawsuit continue. Our view that Adecco 's shares seem overvalued is unchanged