Adecco Company profile
About Adecco Group AG
Adecco Group AG, formerly Adecco S.A., provides human resource (HR) services. The Company's services include temporary staffing, permanent placement, outsourcing, career transition. It operates through two business lines: Staffing and Solutions. The Staffing business line includes General Staffing, which includes Office and Industrial, and Professional Staffing, which includes Information Technology, Engineering and Technical, Finance and Legal, and Medical and Science. The Solutions business line includes Business Process Outsourcing, which includes Managed Service Programs, Recruitment Process Outsourcing and Vendor Management System, and Career Transition and Talent Development, which includes outplacement, career development, change management solutions, training and consulting. Its segments include France, North America, UK & Ireland, Germany & Austria, Japan, Italy, Benelux, Nordics, Iberia, Australia & New Zealand, Switzerland, Emerging Markets and Lee Hecht Harrison.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Adecco Group AG revenues increased 7% to EUR20.95B. Net income totaled EUR586M vs. loss of EUR98M. Revenues reflect France segment increase of 16% to EUR5.04B, Italy segment increase of 29% to EUR2.29B. Net Income reflects Restructuring costs decrease of 57% to EUR55M (expense), Other Non Operating I/E increase from EUR17M (expense) to EUR8M (income). Dividend per share increased from EUR2.31 to EUR2.41.