ZURICH (Reuters) -Adecco reported better-than-expected second quarter figures on Tuesday and said “positive momentum” was continuing, the latest hiring company to report early signs of improving sentiment in the jobs market.
The Swiss company, which places temporary and permanent staff in factories and offices, said its operating income rose 6% to 115 million euros ($132.93 million) in the three months to the end of June.
The figure beat forecasts for 107 million euros in a company collected consensus of analysts.
Adecco said it was seeing signs of a recovery, with quarterly revenues improving by 0.4% from a year earlier. The figure of 5.78 billion euros was slightly ahead of analyst forecast for 5.74 billion euros.
Revenues during the second quarter rose by 2% compared to the first three months of the year, with growth continuing in July.
“Volumes improved through Q2, and in Q3 to date, positive momentum continues,” the company said.
($1 = 0.8651 euros)
(Reporting by John RevillEditing by Ludwig Burger)
