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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

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(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.

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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:4EXSI
Date:Jan 31, 2001
Words:161
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