12. Aug 2026
Description
(AWP Alliance News) - Adecco Group AG executives outlined Q2 2026 results on a conference call attended by CEO Denis Machuel, CFO Valentina Ficaio, Head of Investor Relations and Portfolio Strategy Diego Chantrain, and analysts from major banks. Organic revenue rose 5.6% year over year, EBITA excluding one-offs reached EUR 165 million, and the EBITA margin widened 30 basis points to 2.8% as adjusted EPS rose 31%.
Management raised its agentic AI rollout target to 70% of Adecco revenue by end-2026 from 50%, citing a fixed-cost contract for unlimited volumes and reporting a 10% fill-rate lift, a 40% reduction in time to submit, and 25% to 35% recruiter productivity gains. For Q3, management flagged continued volume momentum into early August, a modest sequential improvement in gross margin, and lower sequential SG&A excluding one-offs.
Restructuring charges increased in Q2 to address bench created by further project slowdowns at two OEMs in Akkodis Germany, with benefits expected to start flowing from Q4, while the group also sold a non-core, margin-dilutive Akkodis business in the US to help fund aerospace and defense bolt-on acquisitions in India and France.
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Disclaimer: This news brief was created using generative artificial intelligence. Adecco Group AG published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
