The earnings call presented a mixed picture with significant market share gains and strategic advancements in AI deployment. However, these positives were offset by revenue declines, challenges in specific regions like Germany and France, and a cash flow deficit. While there are promising signs of operational improvements and strategic wins, the financial metrics indicate areas of concern that need addressing.
Company Guidance
During the Adecco Group's first quarter 2025 earnings call, the company reported several key metrics reflecting its financial performance and strategic progress. Revenues for the quarter were €5.6 billion, showing a 2% year-on-year decline on an organic, trading days-adjusted basis, but a 3% sequential increase. The gross margin stood at 19.4%, 40 basis points lower than the previous year due to business mix and pricing strategies. EBITA, excluding one-offs, was €132 million, resulting in a margin of 2.4%, also 40 basis points lower year-on-year. Adjusted EPS was $0.48, marking a 20% year-on-year decrease. Cash flow from operating activities was negative at €144 million, with a cash conversion ratio of 105%. The company continues to focus on market share gains, evidenced by a 30 basis point rise this quarter, and is implementing strategic initiatives such as adopting AI solutions and executing turnaround plans in specific regions. The guidance for Q2 indicates expectations of a lower sequential gross margin due to normal seasonality, with SG&A expenses anticipated to be modestly lower sequentially as the company manages capacity and seeks further G&A savings.
Market Share Gains
Adecco Group gained 130 basis points market share compared to key competitors, with a further 30 basis points gain at the group level in Q1 2025.
Strong Performance in Adecco Americas and APAC
Adecco Americas revenues grew 4%, driven by North America's return to growth and robust SME growth, while APAC revenues increased by 11% with strong share gains in Japan, Asia, and India.
Innovative AI Deployments
The launch of pre-screening AI agents in the UK and the AI-Core Platform suite in Germany promises efficiency gains and cost savings.
Successful Client Wins
Significant contracts secured with a German IT services provider and a leading market research company, demonstrating the value of Adecco's integrated service offerings.
Adecco Group AG (CH:ADEN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
CH:ADEN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 08, 2025
CHF20.72
CHF23.14
+11.68%
Feb 26, 2025
CHF21.72
CHF24.39
+12.29%
Nov 05, 2024
CHF25.77
CHF24.24
-5.94%
Aug 06, 2024
CHF26.55
CHF26.63
+0.30%
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 (CH:ADEN) report earnings?
Adecco Group (CH:ADEN) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Adecco Group (CH:ADEN) earnings time?
Adecco Group (CH:ADEN) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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