Market share gains; strong cash generation; above target G&A savings driving resilient profitability
AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
ZURICH, Feb. 26, 2025 /PRNewswire/ — Q4 HIGHLIGHTS
FULL-YEAR HIGHLIGHTS
Denis Machuel, Adecco Group CEO, commented: “We are rigorously executing against our Future@Work Reloaded strategy. We have consistently gained market share in challenging markets, streamlined the business model and reduced G&A costs by over 20 percent, ahead of target, and delivered strong cash generation. We are accelerating the roll-out of AI-powered technologies and the expansion of our advanced digital delivery engine. Today, the Group is taking necessary action to accelerate deleveraging and increase financial flexibility with an updated dividend policy. We are increasingly confident that markets will improve, driving growth; and our continued rigorous execution will drive further market share gains, profitability and cash in future periods, supported by the excellent positioning of the Group’s portfolio in talent and technology solutions.”
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