AHEXY - Adecco Group AG Non-GAAP EPS of Euro0.59 revenue of Euro5.72B
2024-05-07 09:17:20 ET
- Adecco Group AG press release ( OTCPK:AHEXY ): Q1 Non-GAAP EPS of €0.59.
- Revenue of €5.72B (-2.9% Y/Y).
- Outlook: I n the second quarter to date, volumes have been stable when compared to Q1 2024 levels. Revenue developments in Q2 2024 are expected to reflect a slightly tougher comparison period than in Q1 2024.
- The Group anticipates continued market share gain in a challenging macroeconomic environment while managing resources with agility, focusing on productivity and G&A savings. In Q2 24, the Group expects its gross margin to be broadly in line with Q1 24 levels. SG&A expenses, excluding one-offs, as a percentage of revenues are expected to improve modestly versus Q1 24, despite seasonality