{"id":48824,"date":"2026-02-25T12:45:00","date_gmt":"2026-02-25T05:45:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=48824"},"modified":"2026-02-25T12:45:00","modified_gmt":"2026-02-25T05:45:00","slug":"the-adecco-group-q4-full-year-2025-results","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=48824","title":{"rendered":"THE ADECCO GROUP Q4 &amp; FULL YEAR 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\/2919458\/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><b>Strong share gains and solid growth; operating leverage and cashflow drive deleveraging<\/b><\/p>\n<p><span class=\"legendSpanClass\">ZURICH<\/span>, <span class=\"legendSpanClass\">Feb. 25, 2026<\/span> \/PRNewswire\/ &#8212; <b>AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange<\/b><\/p>\n<p><b>Q4 HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Further market share gains, Group +395\u00a0bps and Adecco +240 bps<\/li>\n<li>Group revenues further sequentially improved at +3.9%\u00a0yoy, strongest quarter of the year<\/li>\n<li>By\u00a0GBU, Adecco revenues +4.9% yoy; led by Americas +21%\u00a0yoy, APAC+7%\u00a0yoy; Akkodis\u00a0-1%\u00a0yoy; LHH +2%\u00a0yoy<\/li>\n<li>Healthy 19.1% gross margin, stable\u00a0yoy organic, reflecting solutions and client mix, firm pricing<\/li>\n<li>3.8% EBITA margin excl. one-offs, +60 bps yoy, reflecting strong operating leverage, with productivity +11% yoy, firm progress with Akkodis Germany turnaround. Drop-down ratio &gt;80%<\/li>\n<li>Operating income \u20ac186 million, +34% yoy; Net income \u20ac88 million, +31% yoy<\/li>\n<li>Basic EPS \u20ac0.52; Adjusted EPS \u20ac0.76<\/li>\n<\/ul>\n<p><b>FULL-YEAR HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Strong market share gains, Group +245 basis points<\/li>\n<li>Revenues +1.3%\u00a0yoy. By GBU, Adecco +2.5% yoy; Akkodis -4% yoy; LHH flat yoy<\/li>\n<li>Healthy 19.2% gross margin, -20\u00a0bps yoy, reflecting mix effects, firm pricing<\/li>\n<li>3.0%\u00a0EBITA margin excl. one-offs, in line with management&#8217;s commitment<\/li>\n<li>Operating income \u20ac572 million, +8% yoy; Net income \u20ac295 million, +2% yoy<\/li>\n<li>Basic EPS \u20ac1.76; Adjusted EPS \u20ac2.37<\/li>\n<li>Strong cash generation: operating cash flow +\u20ac613 million; free cash flow +\u20ac483 million; 102% conversion ratio<\/li>\n<li>Improving financial structure: end-25 net debt\/EBITDA ratio 2.4x, -0.2x\u00a0yoy and -0.6x qoq; net debt \u20ac186 million lower yoy; targeting \u2264 1.5x net debt\/EBITDA ratio by end-27<\/li>\n<li>Proposed DPS of\u00a0CHF 1.00, cash dividend with option to receive as shares<\/li>\n<\/ul>\n<p><b>Denis Machuel, Adecco Group CEO, commented:<\/b><\/p>\n<p>&#8220;We had a strong finish to the year with ongoing positive momentum and a third consecutive quarter of growth, achieving a 3.8% margin in Q4. Rigorous execution through 2025 delivered 245 basis points of market share gains, strong operating leverage and cashflow, driving an improvement in leverage.<\/p>\n<p>&#8220;Adecco grew 4.9 percent in Q4, consistently gaining market share across regions. Akkodis saw further sequential improvement including firm progress in its German turnaround. LHH continued to lead strongly in career transition, grew Ezra significantly, and achieved highly profitable growth.<\/p>\n<p>&#8220;The Adecco Group is strongly positioned to help our 100,000 plus clients to manage and upskill their workforces with agility \u2013 keeping people firmly at the heart. We will continue to pioneer and scale human-centric AI across talent and technology offerings. I look forward to building on this solid performance in 2026.&#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\/565210506\" target=\"_blank\" rel=\"nofollow\">Webcast Details<\/a>\u00a0| Investors &amp; Analysts<\/p>\n<p>For further information, please contact:<\/p>\n<p>Investor Relations<br \/><a href=\"mailto:investor.relations@adeccogroup.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@adeccogroup.com<\/a><br \/>+41 (0)44 878 88 88<\/p>\n<p>Press Office<br \/><a href=\"mailto:media@adeccogroup.com\" target=\"_blank\" rel=\"nofollow\">media@adeccogroup.com<\/a>\u00a0<br \/>+41 (0) 79 876 09 21<\/p>\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\/2919458\/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><b>Strong share gains and solid growth; operating leverage and cashflow drive deleveraging<\/b><\/p>\n<p><span class=\"legendSpanClass\">ZURICH<\/span>, <span class=\"legendSpanClass\">Feb. 25, 2026<\/span> \/PRNewswire\/ &#8212; <b>AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange<\/b><\/p>\n<p><b>Q4 HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Further market share gains, Group +395\u00a0bps and Adecco +240 bps<\/li>\n<li>Group revenues further sequentially improved at +3.9%\u00a0yoy, strongest quarter of the year<\/li>\n<li>By\u00a0GBU, Adecco revenues +4.9% yoy; led by Americas +21%\u00a0yoy, APAC+7%\u00a0yoy; Akkodis\u00a0-1%\u00a0yoy; LHH +2%\u00a0yoy<\/li>\n<li>Healthy 19.1% gross margin, stable\u00a0yoy organic, reflecting solutions and client mix, firm pricing<\/li>\n<li>3.8% EBITA margin excl. one-offs, +60 bps yoy, reflecting strong operating leverage, with productivity +11% yoy, firm progress with Akkodis Germany turnaround. Drop-down ratio &gt;80%<\/li>\n<li>Operating income \u20ac186 million, +34% yoy; Net income \u20ac88 million, +31% yoy<\/li>\n<li>Basic EPS \u20ac0.52; Adjusted EPS \u20ac0.76<\/li>\n<\/ul>\n<p><b>FULL-YEAR HIGHLIGHTS<\/b><\/p>\n<ul type=\"disc\">\n<li>Strong market share gains, Group +245 basis points<\/li>\n<li>Revenues +1.3%\u00a0yoy. By GBU, Adecco +2.5% yoy; Akkodis -4% yoy; LHH flat yoy<\/li>\n<li>Healthy 19.2% gross margin, -20\u00a0bps yoy, reflecting mix effects, firm pricing<\/li>\n<li>3.0%\u00a0EBITA margin excl. one-offs, in line with management&#8217;s commitment<\/li>\n<li>Operating income \u20ac572 million, +8% yoy; Net income \u20ac295 million, +2% yoy<\/li>\n<li>Basic EPS \u20ac1.76; Adjusted EPS \u20ac2.37<\/li>\n<li>Strong cash generation: operating cash flow +\u20ac613 million; free cash flow +\u20ac483 million; 102% conversion ratio<\/li>\n<li>Improving financial structure: end-25 net debt\/EBITDA ratio 2.4x, -0.2x\u00a0yoy and -0.6x qoq; net debt \u20ac186 million lower yoy; targeting \u2264 1.5x net debt\/EBITDA ratio by end-27<\/li>\n<li>Proposed DPS of\u00a0CHF 1.00, cash dividend with option to receive as shares<\/li>\n<\/ul>\n<p><b>Denis Machuel, Adecco Group CEO, commented:<\/b><\/p>\n<p>&#8220;We had a strong finish to the year with ongoing positive momentum and a third consecutive quarter of growth, achieving a 3.8% margin in Q4. Rigorous execution through 2025 delivered 245 basis points of market share gains, strong operating leverage and cashflow, driving an improvement in leverage.<\/p>\n<p>&#8220;Adecco grew 4.9 percent in Q4, consistently gaining market share across regions. Akkodis saw further sequential improvement including firm progress in its German turnaround. LHH continued to lead strongly in career transition, grew Ezra significantly, and achieved highly profitable growth.<\/p>\n<p>&#8220;The Adecco Group is strongly positioned to help our 100,000 plus clients to manage and upskill their workforces with agility \u2013 keeping people firmly at the heart. We will continue to pioneer and scale human-centric AI across talent and technology offerings. I look forward to building on this solid performance in 2026.&#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\/565210506\" target=\"_blank\" rel=\"nofollow\">Webcast Details<\/a>\u00a0| Investors &amp; Analysts<\/p>\n<p>For further information, please contact:<\/p>\n<p>Investor Relations<br \/><a href=\"mailto:investor.relations@adeccogroup.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@adeccogroup.com<\/a><br \/>+41 (0)44 878 88 88<\/p>\n<p>Press Office<br \/><a href=\"mailto:media@adeccogroup.com\" target=\"_blank\" rel=\"nofollow\">media@adeccogroup.com<\/a>\u00a0<br \/>+41 (0) 79 876 09 21<\/p>\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":[1],"tags":[],"class_list":["post-48824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/48824","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=48824"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/48824\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}