Financial Report Highlighting Q1 2016 Developments
The Adecco Group, a global leader in HR solutions based in Zurich, Switzerland, has announced that it will be releasing its Q1 2016 results on May 10, 2016. In preparation for this release, the company has made some changes to its segment reporting structure to better reflect its internal management and evaluation processes.
These changes were necessitated by recent adjustments in the company's Executive Committee responsibilities. The new segment reporting structure is detailed on pages 2 and 3 of this release. For a precise understanding of these changes, it is recommended to consult the Adecco Group’s official Q1 2016 financial statements or investor relations disclosures, as they would detail any segment reporting changes tied to Executive Committee responsibility shifts.
The Adecco Group offers a wide variety of services, connecting around 700,000 associates with clients every day. These services fall into the broad categories of temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting.
Investors seeking further information are encouraged to contact the Adecco Group's Investor Relations team at [email protected] or by phone at +41 (0) 44 878 89 89. For media enquiries, please contact the corporate press office at [email protected] or call +41 (0) 44 878 87 87.
It is important to note that forward-looking statements in this release involve risks and uncertainties, and actual results could differ materially from current expectations. Factors that could affect the Company's forward-looking statements include global GDP trends, changes in regulation of temporary work, intense competition, integration of acquired companies, changes in the Company's ability to attract and retain qualified personnel or clients, the potential impact of disruptions related to IT, any adverse developments in existing commercial relationships, disputes or legal and tax proceedings.
The Adecco Group has more than 32,000 FTE employees and around 5,100 branches in over 60 countries and territories. Registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN), the company is a Fortune Global 500 company.
- The Adecco Group, in its Q1 2016 results, has announced modifications in its segment reporting structure, which now includes categories such as temporary staffing, permanent placement, career transition, and talent development, in addition to outsourcing and consulting.
- Amidst these changes, the company's financial services branch may see a rise in temporary staffing requirements, as they adjust to the improved segment reporting structure following shifts in Executive Committee responsibilities.
- Investors and businesses interested in understanding the impact of these changes on the Adecco Group's permanent placement, outsourcing, consulting, and overall business operations are advised to consult the company's official Q1 2016 financial statements or investor relations disclosures for a more precise understanding.
