Turnover: 23.6 billion EUR (2022)
Country: Switzerland
The Adecco Group is a world leader in human resources solutions. Present in 60 countries through 5067 offices, the group handles both temporary work (its core business) and permanent recruitment.
The group structures its operations into 4 divisions:
- Workforce Solutions (76% of sales): general recruitment
- Recruitment and Professional Services (21%): talent sourcing (IT, engineering, finance & legal, healthcare)
-Talent development and career transition (2%): career management consulting-MSP&PRO (1%): complete outsourcing of recruitment and HR functions
With the YOSS brand, the Adecco Group has entered the freelance segment, offering a platform for bringing together independent workers and major corporations.
In France, the group's biggest market, it has 1088 branches, places 120,000 temporary workers a week and hires 15,000 people on fixed-term or permanent contracts a year on behalf of its customers.
As such, the Adecco Group is the third largest player in the recruitment assistance market in France.
The group also has two major subsidiaries in France:
- Altedia for human resources consulting
- Badenoch et Clark for executive recruitment.
in 2022, the group acquired the engineering company Akka
News
Temporary work: fratricidal war over permanent contracts 02/08/2023
- The Contrat à durée indéterminée aux fins d'employabilité (CDIE) was included in 2018 on an experimental basis in the Avenir professionnel law.
- In April 2023, the Contrat Durée Indéterminée Intérimaire (CDII) recorded fewer than 51,000 full-time equivalents (FTEs), or 6.6% of temporary employment, compared with more than 55,000 in 2022.
- At the end of May, 792,600 people were working as temps in France.
- The temping market in France is worth 30 billion euros a year.
- Adecco, Randstad and Manpower hold 12 billion euros of this market.
Adecco: Denis Machuel's plan to regain global leadership in temporary staffing 21/12/2022
- Regain global leadership lost to Randstad
- Simplification of brands (from 60 to 25)
- Structural savings plan of 150 million euros by 2024
- Integration of Akka Technologies, an acquisition finalized in 2022 to strengthen Modis, the Swiss group's other engineering specialist.
Adecco launched a CV-free recruitment platform for young people at VivaTech. 15/06/2022
- The "Premier job par Adecco et Qapa" platform is based on a different logic: job offers are based on the choices of candidates, who select jobs according to their aptitudes and aspirations.
- 25-30% of temporary vacancies remain unfilled.
- The digital temping market has grown 8-fold in two years, and over 8 million candidates are already registered with Qapa.
Financial Data
DUNS: 998823504
Legal Name: ADECCO FRANCE
Address: 2 RUE HENRI LEGAY , 69100 VILLEURBANNE
Number of employees: Entre 2 000 et 4 999 salariés (2021)
Capital: 89 471 754 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 4 597 115 655 | 4 411 364 864 | 3 869 621 271 | 5 025 528 255 | 5 241 354 477 | 4 963 141 024 | 4 589 840 647 | 4 363 133 354 |
| Gross margin (€) | 4 661 654 244 | 4 466 254 439 | 3 920 636 054 | 5 090 425 223 | 5 338 208 097 | 5 033 476 518 | 4 642 598 094 | 4 492 772 273 |
| EBITDA (€) | 96 978 010 | 107 236 839 | 56 211 666 | 177 143 595 | 170 315 866 | 191 434 092 | 152 535 084 | 117 467 264 |
| Operating profit (€) | 92 369 963 | 130 955 913 | 34 659 466 | 151 871 478 | 174 811 708 | 172 885 278 | 145 807 589 | 190 574 174 |
| Net profit (€) | 38 554 395 | 105 809 366 | 28 779 663 | 126 133 414 | 193 815 783 | 166 106 812 | 189 370 350 | 172 830 867 |
| Turnover growth rate (%) | 4,2 | 14 | -23 | -4,1 | 5,6 | 8,1 | 5,2 | - |
| Ebitda margin rate (%) | 2,1 | 2,4 | 1,5 | 3,5 | 3,2 | 3,9 | 3,3 | 2,7 |
| Operating margin rate (%) | 2 | 3 | 0,9 | 3 | 3,3 | 3,5 | 3,2 | 4,4 |
| Working Capital (turnover days) | 75,3 | 75 | 78,8 | 58 | 46,8 | 32,9 | 24,6 | 13,1 |
| Working Capital requirements (turnover days) | 67,1 | 66,2 | 73,9 | 62 | 60,4 | 68 | 69,7 | 67 |
| Net margin (%) | 0,8 | 2,4 | 0,7 | 2,5 | 3,7 | 3,3 | 4,1 | 4 |
| Added value / Turnover (%) | 92,2 | 92,4 | 92,2 | 92,9 | 93,3 | 93,4 | 93,8 | 93,6 |
| Wages and social charges (€) | 3 932 058 466 | 3 772 007 211 | 3 321 925 120 | 4 277 276 246 | 4 494 403 413 | 4 196 535 505 | 3 892 303 212 | 3 717 785 281 |
| Salaries / Turnover (%) | 85,5 | 85,5 | 85,8 | 85,1 | 85,7 | 84,6 | 84,8 | 85,2 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Gerald | Jasmin | 53 |
Studies mentioning this company
The recruitment market - Italy
Other companies mentioned:
- PageGroup (Michael Page)
- Hays
- Robert Half International
- Robert Walters
- WalterJames
- Mosaïk RH
- Orientation Durable
- Korn Ferry
- Egon Zehnder
- Adecco Group
- Eric Salmon & Partners
The temp agency market - France
Other companies mentioned:
- Adecco Group
- Ergalis (Actual Groupe)
- Proman
- Interaction Groupe
- Temporis
- Triangle Intérim
- Adéquat
- Randstad
- Manpower Group
- Groupe CRIT
- DLSI Groupe
The concierge market - Spain
Other companies mentioned:
- Adecco Group
- Senesant 2000
- Valco Servicios auxiliares
- MadIntegra.es
- Grupo Berni servicios integrales
- Avan servicios externos s.l.
- EHDC
- Limcalo
- Suddath
- Linetor
- El conserje
The recruitment market - France
Other companies mentioned:
- PageGroup (Michael Page)
- Hays
- Adecco Group
- Anywhr
- CRIT Groupe
- Ergalis (Actual Groupe)
- Kelly Services France
- ManpowerGroup France
- MeetYourjob
- Proman
- Robert Walters
- Light Consultants
- Skeelz
- Start People
- Supplay
- Synergie
- Talent Management Groupe
- Walters People
- Slash Interim
- Iziwork
- Aladom
- Scutum
- Actual Groupe
- Gojob
- Mistertemp'group
- Brigad
- Hellowork
- La Varappe
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