OverviewSuggest Edit

Adecco is a provider of HR solutions. It offers temporary staffing, permanent placement, career transition and talent development services, as well as outsourcing and consulting.
TypePublic
Founded1996
HQZürich, CH
Websiteadecco.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2017)33,787(+3%)
Job Openings2,713
Revenue (FY, 2017)€23.7 B(+5%)
Share Price (Sept 2020)CHF51 (+2%)
Cybersecurity ratingDMore

Key People/Management at Adecco

Alain Dehaze

Alain Dehaze

CEO
Hans Ploos van Amstel

Hans Ploos van Amstel

CFO
Christophe Catoir

Christophe Catoir

Regional Head of France
Enrique Sanchez

Enrique Sanchez

Regional Head of Iberia and Latin America
Ian Lee

Ian Lee

Regional Head of Asia Pacific
John Marshall

John Marshall

Regional Head of North America, UK and Ireland, Professional Staffing
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Adecco Office Locations

Adecco has offices in Zürich, New York, Braunau am Inn, Dornbirn and in 70 other locations
Zürich, CH (HQ)
30 Bellerivestrasse
Braunau am Inn, AT
Salzburger Str. 23
Dornbirn, AT
Moosmahdstraße 26
Graz, AT
Liebenauer Hauptstraße 2-6
Großebersdorf, AT
Julius-Raab-Straße 26
Innsbruck, AT
Sterzinger Str. 1
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Adecco Financials and Metrics

Adecco Revenue

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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

Market capitalization (15-Sept-2020)

8.3b

Closing stock price (15-Sept-2020)

51.0

Cash (30-Jun-2018)

487.0m

EV

9.8b
Adecco's current market capitalization is CHF8.3 b.
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

20.0b22.0b22.7b23.7b

Revenue growth, %

10%3%4%

Cost of goods sold

16.3b17.8b18.4b19.3b

Gross profit

3.7b4.2b4.3b4.3b
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

5.1b5.6b5.7b5.3b5.7b5.8b5.7b6.0b5.9b5.7b6.1b

Cost of goods sold

4.1b4.5b4.6b4.3b4.6b4.7b4.7b4.9b4.8b4.7b4.9b

Gross profit

972.0m1.0b1.1b1.0b1.1b1.1b1.1b1.1b1.1b1.0b1.1b

Gross profit Margin, %

19%19%19%19%19%19%19%18%18%18%18%
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Cash

695.0m1.3b1.1b958.0m

Accounts Receivable

3.7b4.0b4.3b4.4b

Current Assets

4.6b5.3b5.6b5.6b

PP&E

222.0m192.0m167.0m198.0m
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

921.0m1.1b1.1b753.0m948.0m1.1b1.2b1.1b959.0m1.2b487.0m

Accounts Receivable

3.9b4.1b4.1b3.9b4.2b4.3b4.3b4.4b4.5b4.4b4.6b

Current Assets

5.1b5.6b5.6b4.9b5.5b5.8b5.7b5.8b5.7b5.8b5.4b

PP&E

232.0m230.0m227.0m180.0m183.0m175.0m169.0m168.0m173.0m210.0m268.0m
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

640.0m10.0m725.0m790.0m

Depreciation and Amortization

129.0m135.0m119.0m109.0m

Accounts Payable

106.0m56.0m205.0m222.0m

Cash From Operating Activities

785.0m799.0m687.0m730.0m
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

161.0m339.0m(174.0m)145.0m335.0m509.0m177.0m369.0m493.0m131.0m301.0m

Depreciation and Amortization

32.0m65.0m100.0m30.0m60.0m90.0m26.0m54.0m80.0m28.0m62.0m

Accounts Payable

(22.0m)75.0m155.0m(147.0m)(9.0m)136.0m11.0m122.0m204.0m(82.0m)65.0m

Cash From Operating Activities

54.0m208.0m501.0m(42.0m)136.0m353.0m115.0m343.0m532.0m16.0m319.0m
EURFY, 2014

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.5 x
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Adecco Operating Metrics

Adecco's Enterprise Customers was reported to be 100 k in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017

Branches

5.10 k5.10 k5.12 k5.07 k

Enterprise Customers

100 k

Countries

60 60 60 60
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Adecco Acquisitions / Subsidiaries

Company NameDateDeal Size
General AssemblyApril 16, 2018$412.50 m
VetteryFebruary 20, 2018
Knightsbridge Human Capital SolutionsMarch 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
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Adecco Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

SecurityScorecard logo

Adecco Revenue Breakdown

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Adecco revenue breakdown by business segment: 75.7% from General Staffing, 21.8% from Professional Staffing and 2.5% from Other

Adecco revenue breakdown by geographic segment: 22.6% from France, 9.2% from Germany, Austria, Switzerland, 8.8% from Benelux & Nordics, 7.8% from Italy, 5.4% from Japan, 15.2% from North America, UK&I Professional Staffing, 12.8% from North America, UK&I General Staffing and 18.2% from Other

Adecco Online and Social Media Presence

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Adecco News and Updates

Adecco Group Announces Jordan Topoleski, 20, from the United States as 2020 "CEO for One Month"

Preparing the Next Generation to Lead in Uncertain Times Program Builds Next Gen Leaders with Focus on a "New Leadership Profile" ZURICH, Sept. 3, 2020 /PRNewswire/ -- Jordan Topoleski, 20, from the United States has been named as the Global CEO for One Month to work alongside Alain...

Adecco Group Announces Jordan Topoleski, 20, from the United States as 2020 "CEO for One Month"

Preparing the Next Generation to Lead in Uncertain Times Program Builds Next Gen Leaders with Focus on a "New Leadership Profile" ZURICH, Sept. 3, 2020 /PRNewswire/ -- Jordan Topoleski, 20, from the United States has been named as the Global CEO for One Month to work alongside Alain...

Sweeping Workplace Changes Expected in a Post-pandemic World, Says Research From The Adecco Group

ZURICH, June 30, 2020 /PRNewswire/ -- Workers demand greater flexibility after coronavirus, with a 50/50 split of remote and office time confirmed as the universal ideal Questions raised over the hours-based contract, with 69% saying contracts should be based on results delivered rather...

The Adecco Group anuncia el nombramiento de Corinne Ripoche como directora general de Dotación de Personal de Adecco en América

Ripoche seguirá a cargo de la supervisión ejecutiva de Pontoon; se suma al Comité Ejecutivo de The Adecco Group JACKSONVILLE, Florida, 9 de junio de 2020 /PRNewswire/ -- The Adecco Group, principal empresa de soluciones de recursos humanos del mundo, anunció recientemente el nombramiento...

Adecco USA to Pay $49,500 to Settle EEOC Disability Discrimination Suit

Pittsburgh - Adecco USA, Inc., a staffing agency based in Jacksonville, Fla., will pay $49,500 and furnish significant equitable relief to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today.read more

UPDATE 2-Staffing firm Adecco feels chill on hiring from economic slowdown

* Automotive and industry slowdown weighs on hiring in Europe
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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 MS Companies, Randstad and Hays.

  • Where is Adecco headquarters?

    Adecco headquarters is located at 30 Bellerivestrasse, Zürich.

  • Where are Adecco offices?

    Adecco has offices in Zürich, New York, Braunau am Inn, Dornbirn and in 70 other locations.

  • How many offices does Adecco have?

    Adecco has 81 offices.