The Adecco Group: Q4 & FULL YEAR 2023 RESULTS



AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

ZURICH, Feb. 29, 2024 /CNW/ — Q4 & FULL YEAR 2023 RESULTS

Continued growth and significant share gains amid tougher markets, strong profitability improvement


Revenues +1% yoy, led by Adecco, +3%, with double-digit growth in Germany, Italy, Iberia and both LatAm and APAC regions
Continued significant market share gains; Adecco’s relative revenue growth +830 bps
Healthy 20.2% gross margin, 80 bps lower yoy, reflecting current business mix and firm pricing
Strong 4.3% EBITA margin …

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