Adecco achieves record results in 2007

FY 2007 HIGHLIGHTS (2007 vs. 2006)
- Revenues of EUR 21.1 billion, up 3% (4% organically[1])
- Operating income of EUR 1,054 million, up 29% (28% organically)
- Net income of EUR 735 million, up 20%; basic EPS of EUR 3.97 (2006: EUR 3.28)
- ROCE[2] up 140 bps to 21.7%
- Dividend of CHF 1.50 per share proposed (2006: CHF 1.20)

Q4 HIGHLIGHTS (Q4 07 vs. Q4 06)
- Revenues of EUR 5.4 billion, up 2% (2% organically)
- Operating income of EUR 246 million, up 11% (11% organically)
- Strong operating income margin improvement of 40 bps to 4.6%
Net income of EUR 150 million

The Adecco Group, the worldwide leader in Human Resource services, today announced results for the full year of 2007 as well as for the fourth quarter. For the full year net income increased by 20% to EUR 735 million compared to EUR'611 million a year earlier. Revenues were up 4% organically to EUR 21.1 billion compared with EUR 20.4 billion in 2006. Operating income margin improved 100 bps to 5.0%, positively impacted by French social charge benefits.

To view the full report click here