AKKA

The Adecco Group: Q4 & FULL YEAR 2023 RESULTS

Retrieved on: 
Thursday, February 29, 2024

ZURICH, Feb. 29, 2024 /PRNewswire/ -- Q4 & FULL YEAR 2023 RESULTS

Key Points: 
  • Adecco achieved market share gains for the sixth consecutive quarter, while improving margin.
  • Throughout 2023 we made encouraging progress against our Future@Work Reloaded plan to bring the Group to its full potential.
  • My sincere thanks go to our incredible teams of colleagues, associates, and consultants around the world for a strong 2023.
  • As we outlined at our Capital Markets Day in November 2023, we will continue to deliver on our Simplify-Execute-Grow plan methodically in 2024.

The Adecco Group: Q4 & FULL YEAR 2023 RESULTS

Retrieved on: 
Thursday, February 29, 2024

ZURICH, Feb. 29, 2024 /PRNewswire/ -- Q4 & FULL YEAR 2023 RESULTS

Key Points: 
  • Adecco achieved market share gains for the sixth consecutive quarter, while improving margin.
  • Throughout 2023 we made encouraging progress against our Future@Work Reloaded plan to bring the Group to its full potential.
  • My sincere thanks go to our incredible teams of colleagues, associates, and consultants around the world for a strong 2023.
  • As we outlined at our Capital Markets Day in November 2023, we will continue to deliver on our Simplify-Execute-Grow plan methodically in 2024.

The Adecco Group: Q1 2023 Results

Retrieved on: 
Thursday, May 4, 2023

ZURICH, May 4, 2023 /PRNewswire/ -- Q1 2023 Results 

Key Points: 
  • one-offs of 3.1%, includes impact from the timing of AKKA's consolidation and FESCO JV income, and a moderated contribution from Adecco North America
    "The Group achieved a very good Q1 performance, effectively delivering against our plan, with growth that continued to outpace the market and a gross margin that remained industry-leading.
  • In Adecco, we achieved further significant share gains with outperformance in many key geographies, while dynamic pricing and productivity improvements kept profitability at a solid level.
  • In LHH, our Career Transition business actively captured further corporate restructuring projects resulting in record high performance levels, while Ezra, our digital coaching business, also posted excellent growth.
  • Looking ahead, we still have a number of areas that require further focus and we are fully concentrated on these, while remaining agile and responsive to market conditions.

The Adecco Group: Q1 2023 Results

Retrieved on: 
Thursday, May 4, 2023

ZURICH, May 4, 2023 /PRNewswire/ -- Q1 2023 Results 

Key Points: 
  • one-offs of 3.1%, includes impact from the timing of AKKA's consolidation and FESCO JV income, and a moderated contribution from Adecco North America
    "The Group achieved a very good Q1 performance, effectively delivering against our plan, with growth that continued to outpace the market and a gross margin that remained industry-leading.
  • In Adecco, we achieved further significant share gains with outperformance in many key geographies, while dynamic pricing and productivity improvements kept profitability at a solid level.
  • In LHH, our Career Transition business actively captured further corporate restructuring projects resulting in record high performance levels, while Ezra, our digital coaching business, also posted excellent growth.
  • Looking ahead, we still have a number of areas that require further focus and we are fully concentrated on these, while remaining agile and responsive to market conditions.

The Adecco Group: Q4 & Full Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023

ZURICH, Feb. 28, 2023 /PRNewswire/ -- Q4 & Full Year 2022 Results

Key Points: 
  • 53 Listing Rules of SIX Swiss Exchange
    Strong return on growth investment plan driving market share gains; relative revenue growth +550 bps in Q4, with improvement of +1,500 bps yoy.
  • France, DACH, APAC and LatAm clearly outperform
    Strong gross margin of 21.0%, supported by portfolio shift, positive mix, and pricing
    Robust EBITA margin excl.
  • We achieved excellent growth in Q4, with Adecco significantly outpacing the market.
  • The newly combined Akkodis business performed well, over-delivering on its synergy target for 2022 and tracking on target for synergy capture for 2023.

The Adecco Group: Q4 & Full Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023

ZURICH, Feb. 28, 2023 /PRNewswire/ -- Q4 & Full Year 2022 Results

Key Points: 
  • 53 Listing Rules of SIX Swiss Exchange
    Strong return on growth investment plan driving market share gains; relative revenue growth +550 bps in Q4, with improvement of +1,500 bps yoy.
  • France, DACH, APAC and LatAm clearly outperform
    Strong gross margin of 21.0%, supported by portfolio shift, positive mix, and pricing
    Robust EBITA margin excl.
  • We achieved excellent growth in Q4, with Adecco significantly outpacing the market.
  • The newly combined Akkodis business performed well, over-delivering on its synergy target for 2022 and tracking on target for synergy capture for 2023.

From Modis to AKKODiS: Transformation into Consulting Firm

Retrieved on: 
Thursday, December 1, 2022

TOKYO, Dec. 1, 2022 /PRNewswire/ --  Modis Ltd. (hereinafter "Modis"), a Tokyo-based technology solution provider and group company of the Adecco Group, the global leader in human resource services, will change its company name to AKKODiS Consulting Ltd. as of April 1, 2023. Accordingly, the services provided in Japan will change their business brand name from Modis to AKKODiS on the aforementioned date.

Key Points: 
  • It will exit the human resource services industry that it has operated in and be reborn as a consulting firm that provides end-to-end consulting services to support innovation.
  • By introducing the AKKODiS brand in Japan, AKKODiS Consulting will renew its business portfolio to make consulting its key business.
  • Provision of fully-supported end-to-end consulting: AKKODiS Consulting will draw on a significantly increased pool of talents specializing in upstream consulting and its strength of having over 9,000 engineers to fully support its customers and provide end-to-end consulting.
  • By being reborn as a consulting firm that supports the DX and business transformation of companies through comprehensive end-to-end consulting services, from upstream consulting to operation and maintenance in the field, we aim to become a business partner that supports corporate innovation.

From Modis to AKKODiS: Transformation into Consulting Firm

Retrieved on: 
Thursday, December 1, 2022

TOKYO, Dec. 1, 2022 /PRNewswire/ --  Modis Ltd. (hereinafter "Modis"), a Tokyo-based technology solution provider and group company of the Adecco Group, the global leader in human resource services, will change its company name to AKKODiS Consulting Ltd. as of April 1, 2023. Accordingly, the services provided in Japan will change their business brand name from Modis to AKKODiS on the aforementioned date.

Key Points: 
  • It will exit the human resource services industry that it has operated in and be reborn as a consulting firm that provides end-to-end consulting services to support innovation.
  • By introducing the AKKODiS brand in Japan, AKKODiS Consulting will renew its business portfolio to make consulting its key business.
  • Provision of fully-supported end-to-end consulting: AKKODiS Consulting will draw on a significantly increased pool of talents specializing in upstream consulting and its strength of having over 9,000 engineers to fully support its customers and provide end-to-end consulting.
  • By being reborn as a consulting firm that supports the DX and business transformation of companies through comprehensive end-to-end consulting services, from upstream consulting to operation and maintenance in the field, we aim to become a business partner that supports corporate innovation.

The Adecco Group: Q2 22 Results - Market share momentum, solid growth and margin

Retrieved on: 
Thursday, August 4, 2022

At the same time, it is clear that there is further opportunity for performance improvement to reach our full potential.

Key Points: 
  • At the same time, it is clear that there is further opportunity for performance improvement to reach our full potential.
  • In my first month as Group CEO I have spent considerable time visiting our markets, engaging with our operations, listening to our clients, and meeting with our people.
  • I am convinced we have excellent businesses and fantastic people across the organisation.
  • Identifying the levers and then executing on them to improve performance is my absolute priority.

The Adecco Group: Q2 22 Results - Market share momentum, solid growth and margin

Retrieved on: 
Thursday, August 4, 2022

At the same time, it is clear that there is further opportunity for performance improvement to reach our full potential.

Key Points: 
  • At the same time, it is clear that there is further opportunity for performance improvement to reach our full potential.
  • In my first month as Group CEO I have spent considerable time visiting our markets, engaging with our operations, listening to our clients, and meeting with our people.
  • I am convinced we have excellent businesses and fantastic people across the organisation.
  • Identifying the levers and then executing on them to improve performance is my absolute priority.