- AD HOC ANNOUNCEMENT pursuant to Article 53 of the SIX Swiss Exchange listing rules- Accelerating growth and market share, strong profitability

ZURICH, Nov. 3, 2022 /PRNewswire/ --

Adecco Group will hold a business update today, starting at 09:30 CET

Denis Machuel, CEO of Adecco Group, commented:

"The group has made good progress this quarter as we delivered on our commitment to once again lead the growth of Adecco's business. Our Akkodis business unit has continued to perform well and the integration of AKKA, including capturing synergies, continues to roll. At LHH, our digital investments showed positive momentum, with both Ezra and Hired posting healthy growth."

"Looking forward, we are determined to accelerate growth across all business units and return our EBITA margin to a leadership level. With these priorities in mind, I am presenting today a detailed operating plan to improve the execution of the Adecco Group. Named "Future@Work Reloaded", the plan will accelerate the implementation of our current strategy, strengthen resilience against external headwinds, and improve operating and financial results.I firmly believe in the quality of our assets, and with this plan, I am committed to unlocking our potential and leading the group to reach an EBITA margin of ~6%."

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