Adecco jumps 10% after Q3 sales, profit exceed expectations

Randstad NV

06/11/2025 08:13

** Shares of Adecco ADEN.S rise around 10% to the top of STOXX 600 .STOXX index after the staffing company reported better-than-expected Q3 sales and profit

** "Q3 results came as strong across the board," Jefferies analysts write in a note

** Revenue came in at 5.78 billion euros ($6.74 billion), slightly ahead of analyst forecasts of 5.76 billion euros

** The company also said it expects revenue to continue to grow in the last three months of 2025

** "The 4Q outlook suggests low-to MSD upgrades to consensus expectations," Jefferies adds

** Vontobel analysts also say results were solid and well above expectations, pointing out accelerating growth in key regions and segments with further market share gains

** If gains hold, the stock will see its biggest one-day rise since May

** Peer Randstad RAND.AS is up around 2%

 (Reporting by Marleen Kaesebier, John Revill)

 ((marleen.kaesebier@thomsonreuters.com))