Strong revenue growth, share gains and improved profitability, supported by rigorous executionZURICH, Switzerland, May 13, 2026 /PRNewswire/ — AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
HIGHLIGHTSAccelerating organic revenue growth of +5.3% TDA yoyContinued strong market share gains: Group +365 bps, Adecco +210 bps vs. key competitorsBy GBU, Adecco, +7% yoy, with growth in all regions, led by Americas +15%, APAC +8% and EMEA excl. France +7%. Akkodis -1% yoy; LHH -1% yoyHealthy 18.8% gross margin, -40 bps yoy, reflecting current business mixEBITA €148 million excl. one-offs, +24% yoyRobust 2.6% EBITA margin excl. one-offs, +20 bps yoy: higher volumes and pricing, rigorous cost management driving improved profitability, with productivity +4% yoy and DDR >100%Operating income €127 million, +28% yoy; Net income €69 million, +41% yoyBasic EPS €0.41, +40% yoy; Adjusted EPS €0.50, +6% yoyStrong 94% LTM cash conversion, operating cash flow -€178 million, working capital absorption driven by stronger revenue growth, and in line with normal seasonalityND/EBITDA -0.2x yoy, consistent with year-end 2025 deleveragingContinuation of positive momentum in volumes to date this quarterDenis Machuel, Adecco Group CEO, commented:”Our strategy combined with rigorous execution delivered a strong start to 2026 and sustained our momentum. Growth and cost discipline are improving profitability. This marks our fourth quarter of growth: at 5.3% year-on-year. We gained another 365 basis points of share, while maintaining healthy gross margins and robust EBITA.”Adecco continues to outperform the market with growth across all regions and double digit increases in Iberia, Nordics, North America, Latin America and Asia. Akkodis is stabilizing revenues and improving profitability. LHH achieved a double digit EBITA margin, driven by strong growth in Career Transition and Ezra.”Our tech agenda advanced with further agentic AI deployments across new markets on our digital platform, lifting fill rates and reducing time to fill, while enhancing the candidate and recruiter experience.”Full Press ReleaseWebcast Details | Investors & AnalystsFor further information, please contact:Investor Relationsinvestor.relations@adeccogroup.com+41 (0)44 878 88 88Press Officemedia@adeccogroup.com+41 (0) 79 876 09 21Logo – https://www.newsoutnow.com/wp-content/uploads/2026/05/The_Adecco_Group_Logo-1.jpg
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