The staffing company said market share gains, cost discipline and deleveraging supported margins, while Adecco raised its year-end target for agent-enabled revenue coverage to 70% after reaching 50% early.
Adecco Group reported strong profitable growth in an ad hoc announcement released in Zurich on Aug. 6, 2026, saying organic revenue rose 5.6% year on year, marking a fifth consecutive quarter of growth, while group market share increased by 160 basis points and Adecco's market share rose 60 basis points versus key competitors. Gross margin was 18.6%, with the year-on-year comparison improving sequentially by 20 basis points. EBITA excluding one-offs reached €165 million, up 21% year on year, and the EBITA margin excluding one-offs improved 30 basis points to 2.8%, supported by operating leverage, 6% productivity growth and an organic drop-down ratio of 64%. Basic EPS was €0.28 and adjusted EPS was €0.61, up 31%. Last-12-month cash conversion was 83%, and net debt to EBITDA was 0.5x lower than a year earlier. By business unit, Adecco GBU grew 6.6%, led by the Americas at 12%, APAC at 10% and EMEA excluding France at 8%. Akkodis returned to growth at 1%, LHH was flat, and Professional Recruitment Solutions also returned to growth at 1%. CEO Denis Machuel said technology-enabled productivity efforts had already met Adecco's full-year target of having 50% of revenues agent-enabled, prompting the group to raise that ambition to 70% coverage by year-end.