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Adecco Group posts 21% EBITA rise as organic revenue grows 5.6%

Adecco Group posts 21% EBITA rise as organic revenue grows 5.6%

Staffing group reported 5.6% trading-day-adjusted organic growth, 160 basis points of market share gains and lower leverage, as productivity improvements supported margins and management raised its agent-enabled revenue goal.

Fact Check
Both official Adecco Group Q2 2026 press releases distributed via PR Newswire (dated Aug 6, 2026) confirm every component of the claim: EBITA excl. one-offs rose 21% YoY to €165M, organic revenue grew 5.6% (TDA), market share gains of 160 bps, lower leverage (net debt/EBITDA 0.5x lower YoY), margin support from productivity gains (+6% YoY, +30 bps margin), and management raising the agent-enabled revenue ambition from 50% to 70% by year-end. The claim is a faithful summary of the primary sources.
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Summary

Adecco Group reported profitable growth, with trading-day-adjusted organic revenue up 5.6% year on year and EBITA before one-off items rising 21% to €165 million. The company said market share expanded by 160 basis points at the group level and by 60 basis points for Adecco versus key competitors. Gross margin was 18.6%, while EBITA margin before one-off items improved 30 basis points to 2.8%, supported by operating leverage, a 6% productivity increase and a 64% organic drop-down ratio. Basic or unadjusted EPS was €0.28 and adjusted EPS rose 31% to €0.61. Last-12-month cash conversion was 83%, and net debt to EBITDA was 0.5x lower than a year earlier. By business line, Adecco GBU grew 6.6%, with the Americas up 12%, APAC up 10% and EMEA excluding France up 8%. Akkodis returned to growth at 1%, LHH was flat, and Professional Recruitment Solutions returned to growth at 1%. CEO Denis Machuel said the first half marked a fifth consecutive quarter of growth and that agent-enabled revenue had already reached the company's full-year 50% target, prompting a new goal of 70% by year-end.

Terms & Concepts
  • EBITA: Earnings before interest, taxes and amortization, a measure of operating performance.
  • Basis points: A unit equal to one-hundredth of a percentage point, used to describe changes in margins or market share.
  • Trading-day-adjusted organic revenue growth: Revenue growth excluding effects such as acquisitions, disposals and currency movements, adjusted for differences in the number of working days.