Adecco Group Reports Significant Market Share Gains and Solid Growth for Q4 2025
Adecco Group Reports Significant Market Share Gains and Solid Growth for Q4 2025
The Adecco Group has unveiled its latest financial results for the fourth quarter and the entirety of the fiscal year 2025, reflecting impressive growth and strategic advancements in the staffing industry. The company demonstrated a robust operational performance characterized by substantial increases in market share and revenues across various sectors.
Q4 Highlights
In the fourth quarter of 2025, Adecco Group experienced new market share gains, with an increase of 395 basis points at the group level and 240 basis points specifically for Adecco. Year-over-year, the group saw a remarkable revenue growth of 3.9%, marking it as its best performing quarter of the year.
- - Breakdown by Business Unit: Adecco’s revenue increased by 4.9% year-over-year; the Americas region reported a staggering 21% increase, while the Asia-Pacific (APAC) region registered a 7% growth. Conversely, Akkodis experienced a slight decline of 1%, and LHH recorded a stable growth of 2%.
- - Gross Margins: The company maintained a strong gross margin of 19.1%, remaining stable compared to the same period last year. This steady margin reflects a favorable mix of solutions and clientele, along with firm pricing strategies.
- - EBITDA Margin: The EBITDA margin, excluding exceptional items, stood at 3.8%, which is up by 60 basis points year-over-year, attributed to significant operational leverage and an 11% increase in productivity. There were also notable improvements in the recovery of Akkodis in Germany, with a debt reduction ratio greater than 80%.
- - Financial Outcomes: The operating profit reached €186 million, up 34% from the previous year, and the net profit increased by 31% to €88 million, reflecting the company’s effective cost-control measures and market positioning. The earnings per share (EPS) were reported at €0.52, with an adjusted EPS of €0.76.
Annual Highlights
For the entire year of 2025, Adecco Group showed a strong overall performance:
- - The overall market share increased by 245 basis points, showcasing the company’s commitment to expanding its market presence.
- - The annual revenue grew by 1.3% year-over-year. Analyzing individual business units, Adecco saw a 2.5% rise, while Akkodis experienced a reduction of 4% and LHH remained stable.
- - Gross Margins and EBITDA: The gross margin reported was 19.2%, which is slightly down by 20 basis points year-over-year. The EBITDA margin, excluding exceptional items, stood at 3.0%, aligning with management's strategic guidance.
- - Operating and Net Income: Operating income rose to €572 million, a growth of 8% year-over-year, with net income at €295 million—a 2% increase.
- - Cash Flow Generation: The company demonstrated strong cash generation capabilities, with operating cash flow hitting €613 million and free cash flow reaching €483 million, achieving a conversion ratio of 102%.
- - Financial Structure Improvement: The net debt-to-EBITDA ratio at the end of 2025 decreased to 2.4x, down by 0.2x from the previous year and 0.6x quarterly, with net debt reduced by €186 million.
- - Additionally, Adecco proposed a dividend payout of 1.00 CHF, providing an option for shareholders to receive it in shares.
Leadership Insights
Denis Machuel, the CEO of Adecco Group, commented on the results, stating, "We have wrapped up the year positively, showcasing sustained momentum with our third consecutive quarter of growth, achieving a 3.8% margin in Q4. A disciplined execution throughout 2025 allowed us to gain 245 basis points of market share and realize substantial operational leverage and cash flow improvements."
He further highlighted, "Adecco experienced a 4.9% growth in the fourth quarter, progressively capturing market share across all regions. With Akkodis showing sequential improvement and LHH leading in career transitions, the group is poised to assist our over 100,000 clients in managing and enhancing their workforce agility, while keeping human-centric methodologies at the forefront. We look forward to sustaining this strong performance into 2026."
For more information about their financial performance and strategic direction, stakeholders can refer to the Adecco Group's press release and investor communications.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.