This is a paid press release. Contact the press release distributor directly with any inquiries.

THE ADECCO GROUP Q4 & FULL YEAR 2025 RESULTS

PR Newswire

Wed, February 25, 2026 at 2:45 PM GMT+9 2 min read

In this article:

ADEN.SW

-1.62%

ADEN

Strong share gains and solid growth; operating leverage and cashflow drive deleveraging

ZURICH, Feb. 25, 2026 /PRNewswire/ – AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

The Adecco Group

Q4 HIGHLIGHTS

Further market share gains, Group +395 bps and Adecco +240 bps

Group revenues further sequentially improved at +3.9% yoy, strongest quarter of the year

By GBU, Adecco revenues +4.9% yoy; led by Americas +21% yoy, APAC+7% yoy; Akkodis -1% yoy; LHH +2% yoy

Healthy 19.1% gross margin, stable yoy organic, reflecting solutions and client mix, firm pricing

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 >80%

Operating income €186 million, +34% yoy; Net income €88 million, +31% yoy

Basic EPS €0.52; Adjusted EPS €0.76

FULL-YEAR HIGHLIGHTS

Strong market share gains, Group +245 basis points

Revenues +1.3% yoy. By GBU, Adecco +2.5% yoy; Akkodis -4% yoy; LHH flat yoy

Healthy 19.2% gross margin, -20 bps yoy, reflecting mix effects, firm pricing

3.0% EBITA margin excl. one-offs, in line with management's commitment

Operating income €572 million, +8% yoy; Net income €295 million, +2% yoy

Basic EPS €1.76; Adjusted EPS €2.37

Strong cash generation: operating cash flow +€613 million; free cash flow +€483 million; 102% conversion ratio

Improving financial structure: end-25 net debt/EBITDA ratio 2.4x, -0.2x yoy and -0.6x qoq; net debt €186 million lower yoy; targeting ≤ 1.5x net debt/EBITDA ratio by end-27

Proposed DPS of CHF 1.00, cash dividend with option to receive as shares

Denis Machuel, Adecco Group CEO, commented:

"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.

"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.

“The Adecco Group is strongly positioned to help our 100,000 plus clients to manage and upskill their workforces with agility – 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.”

繼續閱讀  

Full Press Release

Webcast Details | Investors & Analysts

For further information, please contact:

Investor Relations
investor.relations@adeccogroup.com
+41 (0)44 878 88 88

Press Office
media@adeccogroup.com 
+41 (0) 79 876 09 21

條款 及 私隱政策

Privacy Dashboard

More Info