Adecco Group Shares Strategic Advancements During Analyst and Investor Seminar Today
Adecco Group to Present Strategic Agenda at London Seminar
The Adecco Group, a Fortune Global 500 company based in Zurich, Switzerland, will be hosting its Analyst and Investor Seminar in London on September 19, 2018. The event will provide insights into the group's performance and future plans.
During the seminar, Group CEO, Alain Dehaze, and Group CFO, Hans Ploos van Amstel, will present. They are expected to update attendees on the group's 'Perform, Transform and Innovate' strategic agenda, with a focus on GrowTogether and New Ventures.
GrowTogether is a major initiative aimed at transforming and digitising the group's core business. With this initiative, the group aims to reduce SG&A as a percentage of sales by 100bps by 2020 compared to 2016.
New Ventures are capturing growth opportunities in adjacent markets, leveraging the group's competitive assets and the workforce megatrends. The group expects these high-growth, high-value businesses to make a material contribution to Group profitability in the medium-term.
In the recent quarter, the group's revenues increased by 2% organically and trading days adjusted. This positive trend is expected to continue, with the Q3 2018 results set to be released on 6 November 2018. The Q4 2018 results will follow on 28 February 2019, and the Q1 and Q2 2019 results will be released on 7 May and 8 August 2019, respectively.
For those unable to attend the seminar, a short trading update will be provided. The Addeco Group's Press Office can be contacted at media@our website or +41 (0) 44 878 87 87 for further information. The investor relations can be contacted at investor.relations@our website or +41 (0) 44 878 88 88.
The group can also be found on social media platforms such as Facebook (facebook.com/theour website) and Twitter (@our website).
CEO Alain Dehaze has stated that the group is taking appropriate measures to adjust costs to reflect a lower growth environment in Continental Europe. The Adecco Group remains committed to its strategic agenda and is confident in its ability to navigate the current economic climate.
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