# THE ADECCO GROUP Q1 2026 RESULTS

- Link: https://www.thailand-business-news.com/pr-news/the-adecco-group-q1-2026-results
- Published: 2026-05-13T11:45:00+07:00
- Author: PR Newswire

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**Strong revenue growth, share gains and improved profitability, supported by rigorous
execution**

ZURICH, Switzerland, May 13, 2026 /PRNewswire/ — **AD HOC ANNOUNCEMENT pursuant 
to Art. 53 Listing Rules of SIX Swiss Exchange**

**HIGHLIGHTS**

 ◦ Accelerating organic revenue growth of +5.3% TDA yoy
 ◦ Continued strong market share gains: Group +365 bps, Adecco +210 bps vs. key 
   competitors
 ◦ By 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% yoy
 ◦ Healthy 18.8% gross margin, -40 bps yoy, reflecting current business mix
 ◦ EBITA €148 million excl. one-offs, +24% yoy
 ◦ Robust 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% yoy
 ◦ Basic EPS €0.41, +40% yoy; Adjusted EPS €0.50, +6% yoy
 ◦ Strong 94% LTM cash conversion, operating cash flow -€178 million, working capital
   absorption driven by stronger revenue growth, and in line with normal seasonality
 ◦ ND/EBITDA -0.2x yoy, consistent with year-end 2025 deleveraging
 ◦ Continuation of positive momentum in volumes to date this quarter

**Denis 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 Release](https://www.adeccogroup.com/our-group/media/press-releases/q1-2026-results)

[Webcast Details](https://events.q4inc.com/attendee/973394785) | Investors & Analysts

For further information, please contact:

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**Investor Relations**

[investor.relations@adeccogroup.com](https://www.thailand-business-news.com/pr-news/investor.relations@adeccogroup.com)

**+41 (0)44 878 88 88**

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**Press Office**

[media@adeccogroup.com](https://www.thailand-business-news.com/pr-news/media@adeccogroup.com)

**+41 (0) 79 876 09 21**

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**Read the original article :** [THE ADECCO GROUP Q1 2026 RESULTS ](http://www.prnasia.com/story/archive/4957846_AE57846_0?rand=184833)
