Adecco Group ( (AHEXY) ) has released its Q2 earnings. Here is a breakdown of the information Adecco Group presented to its investors.
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Adecco Group, a leading global staffing and workforce solutions provider, operates across various sectors including temporary staffing, permanent placement, and career transition services. In the first half of 2025, Adecco Group reported a slight decline in revenues by 2% on a reported basis, with significant market share gains in the Adecco Global Business Unit (GBU) despite challenging market conditions. The company’s gross margin decreased by 40 basis points compared to the previous year, primarily due to a shift in business mix and pricing strategies. Key financial metrics showed a decrease in EBITA by 19% and a net income decline of 10% year-on-year, reflecting the company’s strategic focus on cost management and market share expansion. Adecco’s free cash flow turned negative, with an outflow of EUR 113 million, influenced by dividend distributions and increased net debt. Looking ahead, Adecco Group’s management remains optimistic about improving profitability in the second half of 2025, focusing on agile capacity management and securing general and administrative savings.