- 'Cancer of Fraud' Permeates Health Care System: Critics
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Judge Erases Couple's $525,000 Mortgage Payment
- Where Do Pardoned Turkeys Go?
- Foreign Demand Boosts US 7-Year Treasury Sale
- Google CEO Schmidt Makes Secret Visit to Iraq
- New-Home Sales Jump to Highest Level in Over a Year
- Consumers Catching the Holiday Spirit
- Jobless Claims Below 500,000, Durable Orders Slip
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- S&P Stocks Trading at New 52-Week Highs
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Treasury On Mortgage Modifications
MOST SHARED
- Ritz-Carlton ?Struggling? in the US: President
- Garlic Price Rises Surpass Gold, Stocks in China
- S&P Stocks Trading at New 52-Week Highs
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- Oil Price to Average $75.40 in 2010: Poll
- Half of Banks' Losses May Still Be Hidden: IMF Head
- Jobless Claims Below 500,000, Durable Orders Slip
- Consumer Mood Improves, But Anxiety Over Personal Finances
- Judge Erases Couple's $525,000 Mortgage Payment
- Black Friday: Can Banks Tap the Frenzy, Too?
Text Size 
Employment firm Adecco posted a 645 increased in second-quarter net profit Friday, largely due to 66 million euros ($90 million) it received from social security rebates given to employers in France.
Total net income in the second quarter rose to 222 million euros ($304 million) from 135 million euros in the same period a year earlier.
It said revenue from ongoing operations rose 5% to 5.3 billion euros ($7.25 billion) in the three months through June, compared with 5.1 billion euros in the year-earlier period.
Adecco Chief Executive Dieter Scheiff said that as in the previous quarter, strong growth in Europe and Asia made up for weaker activity in the United States.
The world's biggest staffing company said its strongest growth in the second quarter came from Nordic countries and Germany, followed by emerging markets and Japan. France Adecco's largest market saw an increase of 3% to 1.8 billion euros ($2.46 billion) from 1.75 billion euros in the second quarter of 2006, while revenues in the United States and Canada dropped 6% to 800 million euros ($1.1 billion).
Adecco said currency fluctuations, particularly the weakness of the US dollar and the Japanese yen, had reduced overall revenues by 2%.
Adecco shares dropped 2.4% in early trading on the Zurich stock exchange Friday.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes