Highlights the significance of professionalization for profitable business expansion, according to ADECCO.

Leading human resource services provider, Adecco, has shared its strategy update and outlook at its Strategy Days in Valencia, Spain. The group, which operates a network connecting over 700,000 associates with business clients daily, is headquartered in Switzerland and boasts a global presence through 6,600 offices in over 70 countries and territories.

In the professional staffing sector, Adecco is focusing on increased candidate retention, competencies, and skills. The group aims to meet the demand for flexibility and skills by not only recruiting but also providing training and continuous learning opportunities.

The future strategy towards the traditional Office and Industrial staffing sectors will focus on specialization and cost leadership to secure global market leadership. Adecco is confident that this focus will allow it to continuously improve operating income margin to over 5% by 2009 and improve return on capital employed (ROCE) to above 25% by the same year.

Dieter Scheiff, the group's CEO, stated that the staffing industry is at an interesting turning point, with a growing global demand for flexible and skilled labor. Adecco's operations are managed by a multinational team with expertise in markets spanning the globe.

In other news, Mo Dedat, the interim country head, will revert back into his previous role as the group's UK Finance Director. René Schuster has been appointed as the new head of the group's UK & Ireland operations, starting on October 1.

For more information, Adecco's corporate press office can be contacted at [email protected] or +41 (0) 44 878 8832. The group's corporate investor relations can be contacted at [email protected] or +41 (0) 44 878 8925.

Adecco reiterates its objective of revenue growth of at least 7-9% per annum on average for the coming years, provided there are no material changes to the macroeconomic environment. The group delivers an unparalleled range of flexible staffing solutions to corporate clients and qualified associates.