Adecco Q2 FY26 EBITA excl. one-offs rises 21% to EUR 165 million; revenue increases 4% to EUR 6 billion

(AWP Alliance News) - Adecco Group AG posted Q2 2026 net income attributable to shareholders of EUR 47 million, down 19% from a year earlier, as operating income slipped 5% to EUR 109 million. Revenue rose 4% to EUR 6 billion, while EBITA excluding one-offs climbed 16% to EUR 165 million and the EBITA margin excluding one-offs widened 0.3 percentage point to 2.8%.

Free cash flow turned negative at EUR -14 million from EUR 52 million a year earlier, with operating cash flow falling to EUR 23 million on working-capital absorption tied to improved revenue performance. CEO Denis Machuel said the group delivered a fifth consecutive quarter of growth and continued deleveraging, with net debt/EBITDA excluding one-offs improving to 2.7x from 3.3x a year earlier.

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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 06, 2026, and is solely responsible for the information contained therein.