{"id":37926,"date":"2025-11-06T13:07:40","date_gmt":"2025-11-06T06:07:40","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=37926"},"modified":"2025-11-06T13:07:40","modified_gmt":"2025-11-06T06:07:40","slug":"the-adecco-group-q3-2025-results","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=37926","title":{"rendered":"THE ADECCO GROUP Q3 2025 RESULTS"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2608173\/5604293\/The_Adecco_Group_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange<\/p>\n<p><b>Strong share gains, good growth and improved profit margin<\/b><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">ZURICH<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 6, 2025<\/span><\/span> \/PRNewswire\/ &#8212;<\/p>\n<p>\u00a0<\/p>\n<p><b>HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Further strong market share gains, Group +375\u00a0bps and Adecco +300 bps<\/li>\n<li>Group revenues +3.4% yoy, and +3.0% qoq, with all GBUs improving sequentially<\/li>\n<li>Adecco\u00a0GBU revenues +4.5% yoy; <span class=\"xn-location\">Europe<\/span> returned to growth; Americas +20%\u00a0yoy, APAC +9%\u00a0yoy<\/li>\n<li>Akkodis\u00a0GBU revenues -3% yoy; German turnaround progressing well<\/li>\n<li>LHH\u00a0GBU revenues +4% yoy, led by CT +9% yoy, Ezra +59% yoy<\/li>\n<li>Healthy 19.2% gross margin, -10 bps yoy organic, and +30 bps sequentially, reflecting business mix, firm pricing<\/li>\n<li>Solid 3.4% EBITA margin excl. one-offs, +10 bps yoy, reflecting good operating leverage, with productivity +8% yoy<\/li>\n<li>Operating income \u20ac160 million, +2% yoy; Net income \u20ac89 million, -2% yoy<\/li>\n<li>Basic EPS \u20ac0.53; Adjusted EPS \u20ac0.67<\/li>\n<li>Strong 110% LTM cash conversion; solid operating cash flow of \u20ac200 million, up \u20ac79\u00a0million yoy<\/li>\n<li>ND\/EBITDA -0.3x qoq, with net debt \u20ac220 million lower yoy<\/li>\n<\/ul>\n<p><b>Denis Machuel, Adecco Group CEO, commented:<\/b><\/p>\n<p>&#8220;Our positive trajectory has continued in mixed markets, with further market share gains and good growth. We have improved margins by 90 basis points compared to the last quarter, demonstrating strong operating leverage. We thank our teams for yet another quarter of rigorous execution. We remain on track to reach our full year margin commitment.<\/p>\n<p>&#8220;We are particularly pleased with Adecco&#8217;s strong results, with solid growth across multiple regions. Akkodis improved sequentially with our German turnaround progressing well. LHH returned to growth, supported by continued strength from Career Transition.<\/p>\n<p>&#8220;We look forward to sharing the evolution of our strategy and detailed value creation plans at our Capital Markets Day in <span class=\"xn-location\">London<\/span> on 26 November.&#8221;<\/p>\n<p><a href=\"https:\/\/www.adeccogroup.com\/investors\/results-and-reports\/\" target=\"_blank\" rel=\"nofollow\">Full Press Release<\/a><\/p>\n<p><a href=\"https:\/\/events.q4inc.com\/attendee\/584315531\" target=\"_blank\" rel=\"nofollow\">Webcast Details<\/a>\u00a0| Investors &amp; Analysts<\/p>\n<p>For further information, please contact:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Investor Relations<\/b><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"mailto:investor.relations@adeccogroup.com\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">investor.relations@adeccogroup.com<\/a><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>+41 (0)44 878 88 88<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Press Office<\/b><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"mailto:media@adeccogroup.com\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">media@adeccogroup.com<\/a><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>+41 (0) 79 876 09 21<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2608173\/5604293\/The_Adecco_Group_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange<\/p>\n<p><b>Strong share gains, good growth and improved profit margin<\/b><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">ZURICH<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 6, 2025<\/span><\/span> \/PRNewswire\/ &#8212;<\/p>\n<p>\u00a0<\/p>\n<p><b>HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Further strong market share gains, Group +375\u00a0bps and Adecco +300 bps<\/li>\n<li>Group revenues +3.4% yoy, and +3.0% qoq, with all GBUs improving sequentially<\/li>\n<li>Adecco\u00a0GBU revenues +4.5% yoy; <span class=\"xn-location\">Europe<\/span> returned to growth; Americas +20%\u00a0yoy, APAC +9%\u00a0yoy<\/li>\n<li>Akkodis\u00a0GBU revenues -3% yoy; German turnaround progressing well<\/li>\n<li>LHH\u00a0GBU revenues +4% yoy, led by CT +9% yoy, Ezra +59% yoy<\/li>\n<li>Healthy 19.2% gross margin, -10 bps yoy organic, and +30 bps sequentially, reflecting business mix, firm pricing<\/li>\n<li>Solid 3.4% EBITA margin excl. one-offs, +10 bps yoy, reflecting good operating leverage, with productivity +8% yoy<\/li>\n<li>Operating income \u20ac160 million, +2% yoy; Net income \u20ac89 million, -2% yoy<\/li>\n<li>Basic EPS \u20ac0.53; Adjusted EPS \u20ac0.67<\/li>\n<li>Strong 110% LTM cash conversion; solid operating cash flow of \u20ac200 million, up \u20ac79\u00a0million yoy<\/li>\n<li>ND\/EBITDA -0.3x qoq, with net debt \u20ac220 million lower yoy<\/li>\n<\/ul>\n<p><b>Denis Machuel, Adecco Group CEO, commented:<\/b><\/p>\n<p>&#8220;Our positive trajectory has continued in mixed markets, with further market share gains and good growth. We have improved margins by 90 basis points compared to the last quarter, demonstrating strong operating leverage. We thank our teams for yet another quarter of rigorous execution. We remain on track to reach our full year margin commitment.<\/p>\n<p>&#8220;We are particularly pleased with Adecco&#8217;s strong results, with solid growth across multiple regions. Akkodis improved sequentially with our German turnaround progressing well. LHH returned to growth, supported by continued strength from Career Transition.<\/p>\n<p>&#8220;We look forward to sharing the evolution of our strategy and detailed value creation plans at our Capital Markets Day in <span class=\"xn-location\">London<\/span> on 26 November.&#8221;<\/p>\n<p><a href=\"https:\/\/www.adeccogroup.com\/investors\/results-and-reports\/\" target=\"_blank\" rel=\"nofollow\">Full Press Release<\/a><\/p>\n<p><a href=\"https:\/\/events.q4inc.com\/attendee\/584315531\" target=\"_blank\" rel=\"nofollow\">Webcast Details<\/a>\u00a0| Investors &amp; Analysts<\/p>\n<p>For further information, please contact:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Investor Relations<\/b><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"mailto:investor.relations@adeccogroup.com\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">investor.relations@adeccogroup.com<\/a><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>+41 (0)44 878 88 88<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Press Office<\/b><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"mailto:media@adeccogroup.com\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">media@adeccogroup.com<\/a><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>+41 (0) 79 876 09 21<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-37926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37926"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37926\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}