Apex Trader Funding - News
AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
ZURICH, May 7, 2024 /CNW/ -- Q1 2024 Results
Further strong market share gains, disciplined execution
Revenues flat yoy, outperforming markets; Adecco's relative revenue growth +600 bps
By GBU, Adecco, +1% yoy, of which APAC +14%, Southern Europe & EEMENA +8%, DACH +7%; LHH -5%, with Career Transition & Mobility +9%; Akkodis -2%, with Consulting +5%
Healthy 19.8% gross margin, +20 bps qoq, -100 bps yoy, mainly reflecting current business mix; pricing firm
SG&A expenses, excl. one-offs, €978 million, reflecting strong G&A savings, focus on productivity
Resilient 2.8% EBITA margin excl. one-offs, ...