Adecco Group AG (AHEXY)
OTHER OTC:AHEXY
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.34Last Year’s EPS
0.27Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominately positive operational and financial picture: solid organic revenue growth, meaningful market share gains, strong EBITA and productivity improvements, rapid AI rollout with measurable time savings, and a strengthened balance sheet with very low net debt/EBITDA. Challenges remain—most notably gross margin headwinds (mix, FX and placement mix), continued weakness in permanent placement, and localized pressure in Akkodis Germany and certain APAC/Australia markets—along with a Q1 free cash outflow driven by seasonality and working capital. On balance the favorable growth, profitability improvements and strategic AI investments outweigh the headwinds in the near term.Company Guidance
Group Revenue Growth and Market Share Gains
Organic revenues rose 5.3% year‑on‑year (trading days adjusted). The group outperformed key competitors by 365 basis points and reported market‑leading gross margin of 18.8%.
Strong EBITA and Margin Progress
Group EBITA excluding one‑offs increased 24% year‑on‑year on an organic constant currency basis. EBITA margin expanded 20 basis points to 2.6% (40 bps on a constant currency basis).
Regional Growth Momentum
GBU highlights include Adecco revenues +6.6% (capturing +210 bps market share), Americas +15% revenue growth, APAC +8% revenue growth (Japan +6%, India +10%), and continued sequential improvement across regions.
Akkodis and LHH Profit Improvement
Akkodis profitability improved: EBITA +23% with a 4.2% margin (up 70 bps) and utilization at 90%. LHH delivered EBITA up 50% with an 11% double‑digit EBITA margin; Ezra coaching grew revenues 35%.
AI Deployment and Productivity Gains
Consolidated digital/AI: 27,000 recruiters on a common tech stack with GenAI, automated order processing >65% YoY (YTD) across 9 countries, Agentic AI: >30,000 monthly agent conversations, >110,000 candidate skills updated, ~20% recruiter time savings to date, and an expectation that 50% of Adecco revenues will be covered by Agentic AI by end‑2026.
Talent Supply Chain Operational Improvements
For largest clients, temp placement fill rates improved 400 basis points YoY, time‑to‑submit is 25% faster, time‑to‑fill down 30%, and filled positions increased 25% YoY against 20% higher demand.
Cash Conversion and Balance Sheet Strengthening
Last 12‑month cash conversion ratio strong at 94%. Net debt/EBITDA improved to 0.2x. Group issued EUR 450m hybrid bond at 4.875% and has an undrawn EUR 750m revolving credit facility; 76% of gross debt at fixed rates and no financial covenants.
Operational Productivity and SG&A Control
Group productivity up 4%. G&A costs at 3.2% of revenues and overall SG&A ratio down 100 basis points year‑on‑year, supporting strong drop‑through (EBITA up 24%, net income up 41% organic constant currency).
AHEXY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AHEXY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $11.71 | $9.74 | -16.80% |
Feb 25, 2026 | $12.95 | $13.19 | +1.92% |
Nov 06, 2025 | $13.62 | $14.56 | +6.89% |
Aug 05, 2025 | $14.99 | $14.60 | -2.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Adecco Group AG (AHEXY) report earnings?
Adecco Group AG (AHEXY) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Adecco Group AG (AHEXY) earnings time?
Adecco Group AG (AHEXY) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AHEXY EPS forecast?
AHEXY EPS forecast for the fiscal quarter 2026 (Q2) is 0.34.