Adecco

Adecco reported adjusted earnings per share of $0.61 in the second quarter, beating estimates by 24.8%, while revenue of $6.0bn narrowly missed the consensus expectation by 0.66%. The stock fell about 3.9% pre-market as investors focused on the slightly weaker revenue growth, one-off charges and only gradual near-term margin improvements. Organic revenue growth was 5.6% (fifth consecutive quarter), the company improved margins and plans to expand the use of agentic AI to 70% of revenue by the end of 2026. Management expects a slight gross margin improvement in Q3 but sees restructuring costs (~€15m) and regional unevenness as short-term risks. » More on de.investing.com

In Q2 2026 Adecco Group revenue rose 4.0% to €6.0 billion, organically up 5.6%. Adjusted operating profit climbed 16% to €165 million (organic +21%), gross margin dipped slightly to 18.6%, and group net income fell to €47 million. Adecco gained market share, has already reached its 50% AI target and raises the goal to 70% of revenues generated by AI agents by the end of 2026. For the current quarter the company expects continued momentum, improved gross margins, slightly lower SG&A costs and confirms its target to reduce net debt to a maximum of 1.5x EBITDA by end-2027. » More on finanzen.net

Adecco will publish its quarterly results on August 6 at 06:45. The same day features many other corporate reports (including Deutsche Telekom, Siemens, Henkel, Nintendo, ConocoPhillips) as well as important economic data such as US GDP and consumer prices. » More on finanzen.net