Financial Times FT.com

Adecco full-year profit drops 33%

ZURICH, March 4 - Adecco, the world’s largest staffing company, posted a surprise loss in the fourth-quarter and said it saw no immediate improvement in business conditions.

Adecco, which competes with Dutch group Randstad and America’s Manpower, said it had a fourth-quarter net loss of €22m, missing the average estimate for a €98m profit in a Reuters poll of analysts.

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