Significant Market Share Gains
The group and Adecco gained market share by 375 and 300 basis points, respectively, indicating strong competitive positioning.
Revenue Growth Across Key Regions
Group revenues reached EUR 5.8 billion, a 3.4% increase year-on-year on an organic trading days adjusted basis, with Adecco U.S. revenues increasing by 20% year-on-year.
Strong Cash Flow and Cash Conversion
Operating cash flow was EUR 200 million, up EUR 79 million from the prior year, with a strong cash conversion ratio of 110%.
Akkodis Germany Turnaround Progress
Turnaround plan in Akkodis Germany is progressing well with targeted savings now at EUR 50 million, contributing to an expected return to healthy profitability by year-end.
Positive Outlook in Training and Upskilling
EZRA and General Assembly showed strong growth with revenues up 59% and 48%, respectively, indicating high demand in the training and upskilling market.