Adecco Trims 2015 Margin Target on 'Modest' Sales in Europe

Updated on
  • Adecco reports third-quarter loss on EU740 million impairment
  • Revenue growth was `modest' in western Europe and U.S. markets

Adecco SA shares plunged the most in almost 10 months after the world’s largest provider of temporary staff reported a 740 million euros ($805 million) write down related to its German business and cut its profit-margin target for 2015.

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