Adecco
| Type | Public |
| HQ | Zürich, CH |
| Founded | 1996 |
| Size (employees) | 33,787 (est)+3% |
| Website | adecco.com |
Adecco was founded in 1996 and is headquartered in Zürich, CH
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Adecco
Alain Dehaze
CEO
Hans Ploos van Amstel
CFO
Christophe Catoir
Regional Head of France
Enrique Sanchez
Regional Head of Iberia and Latin America
Ian Lee
Regional Head of Asia Pacific
John Marshall
Regional Head of North America, UK and Ireland, Professional Staffing
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Adecco Office Locations
Adecco has offices in Zürich, Bangkok, Taipei, Seoul and in 46 other locations
Zürich, (HQ)
30 Bellerivestrasse
Buenos Aires,
1 Carlos Pellegrini
Southbank,
16 28 Freshwater Pl
Wien,
123 Mariahilfer Str.
Dilbeek,
North coastlaan 16B Groot-Bijgaarden
São Paulo,
Alameda Santos, 787, 13th floor - Cerqueira César
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Adecco Financials and Metrics
Adecco Revenue
Adecco's revenue was reported to be €23.66 b in FY, 2017 which is a 4.2% increase from the previous period.
| EUR | |
|---|---|
Revenue (Q2, 2018) | 6.1b |
Gross profit (Q2, 2018) | 1.1b |
Gross profit margin (Q2, 2018), % | 18.3% |
Net income (Q2, 2018) | 170.0m |
EBITDA (Q2, 2018) | 260.0m |
EBIT (Q2, 2018) | 249.0m |
Cash (30-Jun-2018) | 487.0m |
EV | 13.3b |
- Source: Company Filings
Annual
Quarterly
| EUR | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.1b | 5.6b | 5.7b | 5.3b | 5.7b | 5.8b | 5.7b | 6.0b | 5.9b | 5.7b | 6.1b |
Cost of goods sold | 4.1b | 4.5b | 4.6b | 4.3b | 4.6b | 4.7b | 4.7b | 4.9b | 4.8b | 4.7b | 4.9b |
Gross profit | 972.0m | 1.0b | 1.1b | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.0b | 1.1b |
Gross profit Margin, % | 19% | 19% | 19% | 19% | 19% | 19% | 19% | 18% | 18% | 18% | 18% |
- Source: Company Filings
Annual
| EUR | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 695.0m | 1.3b | 1.1b | 958.0m |
Accounts Receivable | 3.7b | 4.0b | 4.3b | 4.4b |
Current Assets | 4.6b | 5.3b | 5.6b | 5.6b |
PP&E | 222.0m | 192.0m | 167.0m | 198.0m |
Quarterly
| EUR | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 921.0m | 1.1b | 1.1b | 753.0m | 948.0m | 1.1b | 1.2b | 1.1b | 959.0m | 1.2b | 487.0m |
Accounts Receivable | 3.9b | 4.1b | 4.1b | 3.9b | 4.2b | 4.3b | 4.3b | 4.4b | 4.5b | 4.4b | 4.6b |
Current Assets | 5.1b | 5.6b | 5.6b | 4.9b | 5.5b | 5.8b | 5.7b | 5.8b | 5.7b | 5.8b | 5.4b |
PP&E | 232.0m | 230.0m | 227.0m | 180.0m | 183.0m | 175.0m | 169.0m | 168.0m | 173.0m | 210.0m | 268.0m |
Annual
| EUR | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 640.0m | 10.0m | 725.0m | 790.0m |
Depreciation and Amortization | 129.0m | 135.0m | 119.0m | 109.0m |
Accounts Payable | 106.0m | 56.0m | 205.0m | 222.0m |
Cash From Operating Activities | 785.0m | 799.0m | 687.0m | 730.0m |
Quarterly
| EUR | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 161.0m | 339.0m | (174.0m) | 145.0m | 335.0m | 509.0m | 177.0m | 369.0m | 493.0m | 131.0m | 301.0m |
Depreciation and Amortization | 32.0m | 65.0m | 100.0m | 30.0m | 60.0m | 90.0m | 26.0m | 54.0m | 80.0m | 28.0m | 62.0m |
Accounts Payable | (22.0m) | 75.0m | 155.0m | (147.0m) | (9.0m) | 136.0m | 11.0m | 122.0m | 204.0m | (82.0m) | 65.0m |
Cash From Operating Activities | 54.0m | 208.0m | 501.0m | (42.0m) | 136.0m | 353.0m | 115.0m | 343.0m | 532.0m | 16.0m | 319.0m |
| EUR | Y, 2018 |
|---|---|
EV/EBITDA | 51.2 x |
EV/EBIT | 53.4 x |
EV/CFO | 41.7 x |
EV/FCF | 55 x |
Debt/Equity | 0.6 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.9 x |
Adecco Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| General Assembly | April 16, 2018 | $412.50 m |
| Vettery | February 20, 2018 | |
| Knightsbridge Human Capital Solutions | March 11, 2015 | $80 m |
| 3W Direct Management Solutions | ||
| Adecco Argentina S.A | ||
| Adecco Australia Pty Ltd. | ||
| Adecco Bangna Recruitment Limited | ||
| Adecco Beteiligungs GmbH | ||
| Adecco Bulgaria EOOD | ||
| Adecco Colombia S A |
Adecco Revenue Breakdown
Adecco revenue breakdown by business segment: 21.8% from Professional Staffing, 75.7% from General Staffing and 2.5% from Other
Adecco revenue breakdown by geographic segment: 12.8% from North America, UK&I General Staffing , 15.2% from North America, UK&I Professional Staffing, 5.4% from Japan, 7.8% from Italy, 8.8% from Benelux & Nordics, 9.2% from Germany, Austria, Switzerland, 22.6% from France and 18.2% from Other
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Adecco Online and Social Media Presence
14.69k Twitter followers
Adecco has 14.69k Twitter Followers. The number of followers has increased 0.5% month over month and increased 3.2% quarter over quarter
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Adecco News and Updates
November 28, 2018
Elanders’ subsidiary LGI enters into a strategic partnership with Adecco and divests 51% of the shares in its temporary workers agency
The HR solutions company Adecco Group Deutschland and Elanders’ subsidiary LGI Logistics Group International GmbH have entered into a strategic partnership in the field of personnel services. Adecco Group Deutschland will acquire 51 percent of the shares in the personnel service provider LOGworks Gm…
November 15, 2018
Adecco chief calls for life-long learning to dodge jobs 'time bomb'
Companies should set up portable accounts to pay for life-long learning to help workers upgrade their skills and remain employable as robots take over more jobs, Adecco Group Chief Executive Alain Dehaze said.
November 13, 2018
Adecco Group Survey Shows Employers Experience 'Supply Shock' as Migrant Labour Trends Go into Reverse Gear, Driven Mainly by a Fall in Non-EU Migrants
LONDON, Nov. 13, 2018 The tightening labour market is driving an increase in wages for key staff and new starters but pay rises are stuck in the middle lane for most workers /PRNewswire/ -- Employer plans to take on more staff are being hit by worsening skills and labour shortages, partly ...
November 07, 2018
Hiring Alert: Adecco Hiring For More Than 35,000 Seasonal Jobs Across The Country
JACKSONVILLE, Fla., Nov. 7, 2018 /PRNewswire/ -- With the holidays just around the corner, Adecco USA, part of the world's leading HR solutions partner, is in the process of recruiting for more than 35,000 seasonal jobs to support consumer demand during peak shopping season. Hiring is...
November 06, 2018
Adecco says global economic uncertainty is affecting hiring
ZURICH (Reuters) - Adecco Group, the world's biggest staffing group, said hiring had slowed since the start of the fourth quarter, confirming a weaker trend as economic uncertainty makes companies more cautious.
November 06, 2018
Adecco says revenue growth slows during third quarter
Adecco Group said its
revenue growth halved during its third quarter, confirming a
weaker trend seen by the global staffing industry as economic
uncertainty weighs on hiring.
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Adecco Company Life and Culture
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Adecco Frequently Asked Questions
When was Adecco founded?
Adecco was founded in 1996.
Who are Adecco key executives?
Adecco's key executives are Alain Dehaze, Hans Ploos van Amstel and Christophe Catoir.
How many employees does Adecco have?
Adecco has 33,787 employees.
What is Adecco revenue?
Latest Adecco annual revenue is €23.7 b.
What is Adecco revenue per employee?
Latest Adecco revenue per employee is €700.3 k.
Who are Adecco competitors?
Competitors of Adecco include Andela, Hudson and Hays.
Where is Adecco headquarters?
Adecco headquarters is located at 30 Bellerivestrasse, Zürich.
Where are Adecco offices?
Adecco has offices in Zürich, Bangkok, Taipei, Seoul and in 46 other locations.
How many offices does Adecco have?
Adecco has 50 offices.