Adecco rises after Q1 beats markets on improving volumes

Adecco AG

08/05/2025 09:05

** Staffing company Adecco's shares ADEN.S up 3.6% at 0756 GMT, top of the Swiss midcap index .SMIM

** Q1 operating income of 111 mln euros ($125.3 mln) beats analysts' estimate of 97 mln euros, per company-compiled consensus

** Q1 revenue drops 3% YoY to 5.57 bln euros, but also beats analysts expectations of 5.51 bln euros

** It says positive momentum in hiring numbers continues in Q2

 ($1 = 0.8860 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))