Adecco shares resumed trading, rocky after mixed Q2 results
BUZZ-Adecco shares resumed trading, rocky after mixed Q2 results Reframes after company halted, resumed trading and shares reversed
** Swiss human resources and staffing firm Adecco ADEN.S resumed trading, having halted the stock after it fell 7.7%, following Q2 results
** As of 07:55 GMT, the company's shares are down 2.7%
** Shares were seen up 2.6% in pre-market indications after the reported Q2 sales came in slightly above expectations, with revenue rising to €5.997 billion ($6.92 billion) compared with a forecast of €5.95 billion in the company-gathered consensus
** Meanwhile Q2 operating profit fell by 5% to €109 million, while analysts had forecast an average of €130 million
** Shares of Adecco Group AG rose 4.1% in the last month, up to the previous session's close, shares were up 1.3% YTD
($1 = 0.8662 euros)
(Reporting by Simon Ferdinand Eibach and Maria Rugamer)
((Simonferdinand.eibach@thomsonreuters.com; maria.rugamer@thomsonreuters.com))
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