Adecco Group AG/€ADEN

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About Adecco Group AG

Adecco Group AG is a Swiss-based company operating in the human resources industry, providing workforce solutions worldwide. The company's core businesses include temporary staffing, permanent placement, career transition, and talent development services. Founded in 1996, Adecco was formed through the merger of Adia Interim and Ecco, creating a significant player in the staffing industry. Headquartered in Zurich, Switzerland, Adecco operates a vast network across multiple countries, enhancing its ability to serve diverse markets. The company leverages technology to innovate in talent acquisition and management, positioning itself strategically in a competitive landscape.

Ticker

€ADEN

Sector

Business services

Primary listing

XGAT

Employees

34,000

Headquarters

Zurich, Switzerland

Adecco Group AG Metrics

BasicAdvanced
€4.1B
14.11
€1.72
1.19
€1.06
4.38%

Bulls say / Bears say

Operating income rose 6% year-on-year to €115 million in Q2 2025, surpassing analyst expectations of €107 million and demonstrating improved operational leverage (Reuters).
Revenues in Q2 2025 increased by 0.4% year-on-year to €5.78 billion and by 2% sequentially, with the positive momentum persisting into July, signaling an early labour-market recovery (Reuters).
The company has leveraged rising defence spending, with government military contracts now representing around 5% of revenue, securing partnerships with major European defence firms as a stable growth avenue (Reuters).
Revenue in Q1 2025 still fell 2% year-on-year to €5.57 billion despite beating forecasts, pointing to persistent weakness in staffing demand (Reuters).
CEO Denis Machuel noted clients remain in “wait and see mode” due to geopolitical uncertainty and U.S. tariffs, which has particularly weighed on permanent placement growth in the U.S. and Europe (Reuters).
Second-quarter revenue growth was modest at just 0.4% year-on-year, underlining that recovery in hiring volumes remains slow and susceptible to market downturns (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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