ADVISORY/Adecco SA Reports 44% Increase in Revenues and 49% Increase in Operating Income for 2000.Business Editors ADVISORY...for Wednesday Wednesday: see week. NOTE TO EDITORS: MULTIMEDIA ASSETS AVAILABLE WITH THIS STORY INCLUDE Graphics, Corporate Logo, Text (BUSINESS WIRE)--Adecco SA, the world's leading provider of personnel services, today announced strong financial results for the fiscal year 2000. Year-over-year, revenues increased by 44% to CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 26.6 billion, operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. by 49% to CHF 1.2 billion and income before amortization and restructuring charges restructuring charge The expense of reorganizing a company's operations. A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings. by 42% to CHF 746 million. Since 1996, when Adia and Ecco merged to form Adecco, the company has demonstrated outstanding growth. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?1881 This multimedia news story is for free and unrestricted use on your news or information site (and for print or broadcast too). Visit http://www.newstream.com to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. video, audio, text, graphics, and photos. If you have any questions about the story, or about Newstream.com, please write to us at info@newstream.com. |
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