Professional Documents
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Adecco Group Corp Pres
Adecco Group Corp Pres
November 2014
Content
Our vision
Our global reach
Our strategy
Our services & solutions
Our business
Our corporate social responsibility
Our results
Our future perspective
Corporate Presentation
November 2014
Slide 2
Our vision
Corporate Presentation
November 2014
Slide 3
Our vision
Slide 4
Corporate Presentation
November 2014
Slide 5
Slide 6
Corporate Presentation
November 2014
Slide 7
The strategy of the Adecco Group is to be alongside each phase in the life cycle of our
clients and candidates/associates.
Corporate Presentation
November 2014
Slide 8
1. Engagement
2. IT
Top line growth
3. Professional
Staffing & Services
4. Segmentation
EBITA
margin
>5.5%
Pricing discipline
Cost control
5. BPO solutions
6. Emerging
Markets
Corporate Presentation
November 2014
Slide 9
Corporate Presentation
November 2014
Slide 10
Economies As an HR services company, we turn available work into jobs and thereby
support economic growth.
Individuals For individuals, we offer legally recognised and regulated work opportunities,
facilitate on-the-job training and enhance occupational and geographic mobility.
Enterprises We provide companies with flexible HR solutions to help them weather peaks
and troughs in demand, thereby maintaining and increasing their competitiveness.
Corporate Presentation
November 2014
Slide 11
As the world leader, Adecco offers the full range of Human Resources solutions which
are tailored to meet the evolving needs of our clients and associates.
We have the capability to provide all these services locally and globally.
Slide 12
Our business
Corporate Presentation
November 2014
Slide 13
Office
Industrial
2)
Information Technology
Engineering & Technical
Professional Staffing2)
Solutions
Adecco Group2)
Revenue growth
EUR m
in %, constant currency
4,949
9,627
14,576
General Staffing2)
Revenues1)
-3
-2
-3
8%
2,249
1,138
751
364
4,502
50%
1
-7
25%
0
10
425
19,503
17%
-2
1)
Breakdown of staffing revenues into Office, Industrial, Information Technology, Engineering & Technical, Finance & Legal and Medical & Science is based on dedicated
branches. Solutions contains Career Transition & Talent Development (CTTD), Managed Service Programmes (MSP), Recruitment Process Outsourcing (RPO) and
Vendor Management System (VMS).
2)
In FY 2013 revenues changed organically in General Staffing by -2%, Information Technology by 2%, Professional Staffing by 1% and Adecco Group by -1%. Organic
growth is a non US GAAP measure and excludes the impact of currency, acquisitions and divestitures.
Corporate Presentation
November 2014
Slide 14
Customer service
Human resources
Import/export
Project management
Purchasing
Secretarial / PA
Sales, Marketing & Events
Adecco Office provides associates with
serial assignments, ensuring continuity
in the relationship.
Skills are enhanced through continuous
learning in challenging projects.
Corporate Presentation
November 2014
Slide 15
Machine operation
Mechanical trades
Warehousing
Packaging
Shipping and receiving
Corporate Presentation
November 2014
Slide 16
Corporate Presentation
November 2014
Slide 17
Pharmacists
Other Allied Healthcare Professionals
Corporate Presentation
November 2014
Slide 18
Corporate Presentation
November 2014
Slide 19
Slide 20
Corporate Presentation
November 2014
Slide 21
Corporate Presentation
November 2014
Slide 22
Slide 23
Our results
Corporate Presentation
November 2014
Slide 24
24%
19%
10%
9%
5%
5%
5%
4%
4%
2%
2%
9%
2%
France1)
North America2)
UK & Ireland1)
Germany & Austria
Japan
Italy
Benelux
Nordics
Iberia
Australia & New Zealand
Switzerland
Emerging Markets
LHH1)
EBITA
EUR
millions
Organic
change yoy
EUR
millions
Margin
Margin
change yoy
1,242
986
526
438
266
280
262
206
209
94
117
481
78
-3%
5%
1%
1%
4%
15%
4%
6%
21%
-8%
6%
9%
6%
82
61
14
36
16
18
14
7
9
1
12
18
20
6.6%
6.1%
2.7%
8.3%
5.9%
6.6%
5.6%
3.5%
4.1%
1.1%
10.0%
3.7%
25.6%
-80 bps
170 bps
50 bps
-70 bps
-60 bps
-20 bps
10 bps
-80 bps
100 bps
-120 bps
140 bps
-10 bps
-210 bps
5.4%
-10 bps
Corporate
100%
(28)
1),2)
Adecco Group
5,185
3.5%
280
1)
EBITA excluding restructuring costs in Q3 2013 of EUR 1 million in France, EUR 1 million in UK & Ireland and EUR 1 million in LHH
2)
Corporate Presentation
November 2014
Slide 25
15%
10%
5%
0%
-5%
-10%
-15%
Q3
Q4
Q1
Q2
Q3
Q4
Q1
2012
Industrial
1) Excluding Solutions
Q2
Q3
Q4
2013
Office
Q1
Q2
2014
Q3
Professional
Slide 26
Underlying1)
Constant
10 currency15
Revenues
Gross profit
0.0%
954
18.4%
SG&A
0.0%
679
13.1%
EBITA
0.0%
275
5.3%
Operating income
0.0%
266
5.1%
0.0%
198
3.8%
Reported
% of rev.
5,185
4
1
5
2
2
1
12
1
1) In Q3 2013, the reassessment of the French CICE resulted in a benefit relating to prior periods of 50 bps on the temporary staffing gross margin and on the EBITA
margin of the Adecco Group. Underlying refers to the Q3 2014 year-on-year change excluding this effect.
Corporate Presentation
November 2014
Slide 27
Corporate Presentation
November 2014
Slide 28
People
1. Demographics
2. Skills mismatch
3. Lifestyle changes
Companies
Adecco Group
Technology
1. Job search engines
2. e-intermediaries
3. eLearning
Corporate Presentation
November 2014
Slide 29
Thank you
Corporate Presentation
November 2014
Slide 30