India, Feb. 26 -- Shares of Adecco Group AG were gaining around 12 percent in Switzerland after the staffing company reported Wednesday higher profit in its fourth quarter, and the Board of Directors proposed to distribute a dividend.
Meanwhile, quarterly adjusted EBITA, a key earnings metric, and margin was lower than last year amid weak revenues.
Looking ahead, for the first quarter, Adecco expects gross margin to be higher sequentially, in line with normal seasonality.
Further, the company updated dividend policy, and the Board of Directors proposed to distribute a dividend per share of 1.00 Swiss Francs, subject to shareholder approval at the 2025 AGM.
Denis Machuel, Adecco Group CEO, said, "We have consistently gained market share ...