AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
Strong share gains, good growth and improved profit margin
ZURICH, Nov. 6, 2025 /PRNewswire/ —
HIGHLIGHTS
Further strong market share gains, Group +375 bps and Adecco +300 bps Group revenues +3.4% yoy, and +3.0% qoq, with all GBUs improving sequentially Adecco GBU revenues +4.5% yoy; Europe returned to growth; Americas +20% yoy, APAC +9% yoy Akkodis GBU revenues -3% yoy; German turnaround progressing well LHH GBU revenues +4% yoy, led by CT +9% yoy, Ezra +59% yoy Healthy 19.2% gross margin, -10 bps yoy organic, and +30 bps sequentially, reflecting business mix, firm pricing Solid 3.4% EBITA margin excl. one-offs, +10 bps yoy, reflecting good operating leverage, with productivity +8% yoy Operating income €160 million, +2% yoy; Net income €89 million, -2% yoy Basic EPS €0.53; Adjusted EPS €0.67 Strong 110% LTM cash conversion; solid operating cash flow of €200 million, up €79 million yoy ND/EBITDA -0.3x qoq, with net debt €220 million lower yoy
Denis Machuel, Adecco Group CEO, commented:
"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.
"We are particularly pleased with Adecco’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.
"We look forward to sharing the evolution of our strategy and detailed value creation plans at our Capital Markets Day in London on 26 November."
Webcast Details | Investors & Analysts
For further information, please contact:
Investor Relations
investor.relations@adeccogroup.com
+41 (0)44 878 88 88
Press Office
+41 (0) 79 876 09 21
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