#revenue growth #Switzerland #Zurich #Adecco Group #EBITA

Adecco Group's Second Quarter 2026 Performance

The Adecco Group has released its financial results for the second quarter of 2026, showing a robust performance characterized by a notable 5.6% increase in organic revenue compared to the previous year. This strong growth underscores Adecco's effective strategies and operational discipline.

Key Highlights of Q2 2026 Results

• - Organic Revenue Growth: Adecco has achieved a 5.6% year-over-year growth in its organic revenues, indicating strong demand and operational success.
• - Market Share Gains: The group has successfully increased its market share by 160 basis points, with Adecco's brand alone contributing 60 basis points in the face of competition.
• - Solid Performance Across Regions: The Global Business Unit (GBU) reported a healthy 6.6% growth year-over-year, with regional increases of 12% in the Americas, 10% in APAC, and 8% in EMEA (excluding France).
• - Improved EBITA: Adecco's EBITA reached €165 million, reflecting a 21% increase year-over-year, demonstrating a continuous trend of profitable growth. The EBITA margin rose to 2.8%, representing a 30 basis point improvement from the previous year.
• - Cash Conversion Rate: The company maintained a healthy cash conversion rate of 83% over the last twelve months, showing excellent performance amid growth.

Denis Machuel, CEO of Adecco Group, commented on the results: "Our strategy and rigorous execution, along with a focus on customer and candidate needs, continue to yield a solid performance. The momentum from the first half of the year has contributed to our fifth consecutive quarter of growth at 5.6% year-over-year. Furthermore, we've seen a positive trend in market share, adding 160 basis points throughout this period. Our healthy gross margin, along with cost discipline, supports our strong EBITA outcomes. We are also effectively reducing leverage, achieving a net debt/EBITDA ratio that is 0.5 times lower compared to last year."

Strategic Focus on Productivity and Technology

Adecco's commitment to enhancing productivity through technology has been a significant driver in its recent successes. The company has achieved its goal of having 50% of revenues come from agents, with aspirations to elevate this to 70% by the end of the year. This move not only aligns with the company's digital transformation but also optimizes processes and improves customer experiences.

Moreover, the performance of LHH shows promising signs in permanent placements, while the Recruitment Solutions segment has regained growth, achieving a 1% increase in revenues. Akkodis, another vertical within the Adecco Group, has also returned to a growth trajectory, reflecting an overall trend of recovery and profitability.

Conclusion

The Adecco Group's Q2 2026 results are a testament to its strategic execution and focused efforts on enhancing customer and candidate experiences. The impressive growth figures, combined with margin improvements and proactive steps to reduce leverage, highlight Adecco's strong positioning in the competitive market. With ongoing investments in technology and a commitment to productivity, the company is well-positioned for continued success in the future.

For more information, investors and analysts can refer to the detailed financial results available on the Adecco Group's official website.