Adecco Group AG
ADEN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.#% | LOCK|hq | LOCK|rJK?QS |
Adecco Still Ticking Along Despite Recessionary Fears
Business Strategy and Outlook
In a highly fragmented industry, Adecco stands out as the largest of only three diversified global recruitment providers. With a presence in almost 60 countries, Adecco has the ability to service global contracts, which are centrally managed from the company’s headquarters in Zurich, while also being able to effectively service small to midsize enterprises, or SMEs, through its strong local branch network.
