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News

Adecco says employer confidence slightly higher after Q1 beat

UPDATE 2-Adecco says employer confidence slightly higher after Q1 beat CEO says confidence is slightly higher Employees still cautious about switching jobs Says company is taking market share from rivals Q1 sales, profit slightly ahead of forecasts Recasts, adding CEO comments, background By John Revill ZURICH, May 7 (Reuters) - Adecco ADEN.S is seeing slightly improved confidence from employers, the staffing company said on Tuesday, although it was too early to say when a full economic rebound
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Top of the Street: UBS, Adidas, Galp, Akzo Nobel, Randstad, Kojamo

BUZZ-Top of the Street: UBS, Adidas, Galp, Akzo Nobel, Randstad, Kojamo A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Citi downgrades UBS UBSG.S to "neutral" from "buy" and cuts target price to CHF 27 from CHF 28 as the Swiss authorities’ new capital proposals add greater uncertainty for the banking giant ** Stifel upgrades Adidas ADSGn.DE to "buy" and raises target price to 250 euros from 150 euros saying the German sportswear company has shown fast
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Akzo Nobel, Galp, Randstad

EUROPE RESEARCH ROUNDUP-Akzo Nobel, Galp, Randstad April 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Akzo Nobel, Galp and Randstad, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Stifel raises to buy from hold * Akzo Nobel NV AKZO.AS : JP Morgan raises to neutral from underweight * Galp GALP.LS : RBC raises to outperform from sector perform * Randstad NV RAND.AS : Jefferies raises to hold from underperform * Robertet SA ROB
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Tech, retail stocks boost STOXX 600 to one-week high

UPDATE 2-Tech, retail stocks boost STOXX 600 to one-week high For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Telecom Italia gains as CEO set for second term Novartis raises guidance after beating Q1 expectations SAP rises after Q1 cloud backlog accelerates EZ business in services-led bounce in April, PMI survey shows STOXX 600 up 1.1% Updated at 1550 GMT By Shubham Batra and Johann M Cherian April 23 (Reuters) - European shares logged t
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Randstad falls to 1-1/2 year low after Q1 core profit miss

REFILE-BUZZ-Randstad falls to 1-1/2 year low after Q1 core profit miss Adds dropped word 'year' in headline ** Shares in Randstad RAND.AS fall around 6% to their lowest since mid-October 2022 after the recruitment agency missed expectations for its first-quarter core profit ** The group's quarterly underlying earnings before interest, tax and amort
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Dutch recruiter Randstad lags profit forecast in tough hiring market

UPDATE 3-Dutch recruiter Randstad lags profit forecast in tough hiring market Adds Q2 forecast in paragraph 8, analyst comment in paragraph 9 By Shivani Tanna April 23 (Reuters) - Randstad RAND.AS reported a bigger-than-expected drop in first-quarter core earnings on Tuesday, sending shares in the world's biggest employment agency down about 6%. Recruiters have been flagging tough hiring conditions in recent quarters, as workers prefer to avoid the risk of switching jobs and employers offer smal
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Randstad Q1 2024 Org. Revenue Growth -7.8%

BRIEF-Randstad NV - Q1 2024 Org. Revenue Growth -7.8% April 23 (Reuters) - Randstad NV RAND.AS : Q1 2024 ORG. REVENUE GROWTH -7.8% APRIL 2024 VOLUMES STABLE COMPARED TO MARCH "WE CONTINUED TO ADAPT AND RESPOND WELL IN Q1, AS MARKET CONDITIONS REMAINED CHALLENGING - CEO WHILE WE PERFORMED WELL IN SOUTHERN EUROPE, LATAM AND ASIA PACIFIC, WE ENCOUNTERED SOFTER CONDITIONS THAN EXPECTED IN NORTH AMERICA AND NORTHERN EUROPE - CEO Q1 UNDERLYING EBITA EUR 177 MILLION VERSUS EUR 181 MILLION IN COMPANY-PR
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Dutch recruiter Randstad's Q1 earnings miss expectations

Dutch recruiter Randstad's Q1 earnings miss expectations April 23 (Reuters) - Randstad RAND.AS , the world's biggest employment agency, reported first-quarter core earnings below expectations on Tuesday, hurt by challenging market conditions. The Dutch group's quarterly underlying earnings before interest, tax and amortisation (EBITA) fell 33% year-on-year organically to 177 million euros ($188.5 million), below the 181 million euros expected by analysts on average in a company-provided poll .
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch April 23 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. Renault RENA.PA French car maker Renault said on Tuesday its first-quarter revenue grew 1.8%, with good performance in its financing business offsetting a drop in turnover in core automotive sales.
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