Adecco Group AG

Report azionario SWX:ADEN

Capitalizzazione di mercato: CHF 4.1b

Adecco Group Gestione

Criteri Gestione verificati 2/4

Al momento non disponiamo di informazioni sufficienti sull'amministratore delegato.

Informazioni chiave

Denis Machuel

Amministratore delegato

€5.6m

Compenso totale

Percentuale dello stipendio del CEO24.83%
Mandato del CEO4yrs
Proprietà del CEO0.03%
Durata media del management3.7yrs
Durata media del Consiglio di amministrazione2.3yrs

Aggiornamenti recenti sulla gestione

Recent updates

Aggiornamento narrativa Jul 23

ADEN: Cyclical And Structural Profit Risks Will Constrain Medium Term Recovery

Adecco Group's updated analyst price target now reflects a modest uplift in fair value, supported by a lower discount rate, slightly higher revenue growth and profit margin assumptions, and a marginally adjusted future P/E, in line with recent shifts in Street research views that range from CHF 13 on the cautious side to CHF 25 at the more constructive end. Analyst Commentary Recent research on Adecco Group shows a split view, with some firms turning more positive while bearish analysts highlight risks around earnings recovery, growth visibility, and the sustainability of any upturn in staffing demand.
Aggiornamento narrativa Jul 01

ADEN: AI Execution And Earnings Stabilization May Support Future Repricing

Adecco Group's updated analyst price target has been reduced from about CHF 36.50 to around CHF 32.10. This reflects a lower implied fair value as analysts factor in trimmed future P/E assumptions, slightly softer revenue growth expectations, and recent downgrades that highlight concerns about medium term profit recovery.
Articolo di analisi Jun 18

Adecco Group (SWX:ADEN) Stock Could Be 21.5% Overvalued After Its AI Recruitment Milestone

Adecco Group (SWX:ADEN) is in focus after reporting more than one million AI powered candidate interactions across ten countries, with its AI agents now supporting seven stages of the recruitment lifecycle. See our latest analysis for Adecco Group. The AI milestone comes after a challenging period for Adecco Group shares, with the 1-year total shareholder return down 30.12% and the year to date share price return down 32.61%, while the more recent 30-day share price return of 2.26% hints at...
Aggiornamento narrativa Jun 17

ADEN: Stabilizing Earnings And AI Execution Will Support Future Share Price Rebound

The analyst price target for Adecco Group has been trimmed slightly to CHF 21.29 from CHF 21.53 as analysts factor in reduced fair value and P/E assumptions, along with recent cuts to Street targets, including downgrades to Sell and lower CHF 13 to CHF 25 targets. Analyst Commentary Recent research on Adecco Group highlights a mix of concerns around profit visibility and valuation, set against more constructive views on longer term execution potential.
Aggiornamento narrativa Jun 03

ADEN: Renewed Downgrades And Cyclical Risks Will Pressure Medium Term Profit Recovery

Adecco Group's updated analyst price target has been reduced to CHF 13 from CHF 21, as analysts factor in lower fair value estimates of CHF 13.01, softer revenue growth and profit margin assumptions, and a reduced future P/E of 8.04x amid concerns about medium term profit recovery and renewed cyclical risks. Analyst Commentary Recent research updates point to a more cautious stance on Adecco Group, with several bearish analysts revisiting their profit expectations and valuation frameworks.
Articolo di analisi May 21

We Think Adecco Group's (VTX:ADEN) Healthy Earnings Might Be Conservative

Despite posting healthy earnings, Adecco Group AG's ( VTX:ADEN ) stock has been quite weak. Our analysis suggests that...
Aggiornamento narrativa May 19

ADEN: Earnings Stabilization And Lower P E Assumptions Will Support Future Upside

Narrative Update: Adecco Group Analyst Price Target Revision The updated analyst fair value estimate for Adecco Group has moved lower from CHF 25.61 to CHF 21.53. This change reflects a series of reduced price targets, higher assumed risk, and more cautious assumptions on revenue growth, profit margins, and future P/E multiples as analysts factor in concerns about profit recovery and new cyclical and structural risks.
Aggiornamento narrativa May 02

ADEN: Repeated Downgrades And Index Removal Will Restrain Future Share Rerating

Narrative Update: Adecco Group The updated analyst work supports a slightly higher price target of CHF 15.92 from CHF 15.91, as analysts factor in modest adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions following recent target cuts from Citi and Morgan Stanley and a rating move to Neutral at UBS. Analyst Commentary Recent Street research on Adecco Group points to a more cautious tone, with several price targets adjusted lower and at least one downgrade that shifts the balance of opinion toward a wait and see stance.
Aggiornamento narrativa Apr 18

ADEN: Repeated Price Target Cuts Will Pressure Shares As Margin Outlook Weakens

Adecco Group's updated analyst price target has been trimmed by roughly CHF 3, with analysts pointing to a lower fair value estimate, a higher discount rate, slightly different revenue growth assumptions, and a reduced profit margin outlook, despite a modestly higher future P/E multiple. Analyst Commentary Recent Street research points to a cautious tone around Adecco Group, with several price target cuts and only a limited improvement in ratings.
Aggiornamento narrativa Apr 03

ADEN: Earnings Stabilization And Lower P E Assumptions May Support Repricing

Analysts have trimmed their average price targets for Adecco, with several recent updates lowering estimates into the CHF 20 to CHF 25 range. This has contributed to a slightly adjusted fair value view, supported by modest tweaks to discount rate, revenue growth, profit margin and future P/E assumptions.
Aggiornamento narrativa Mar 20

ADEN: Earnings Stabilization And Lower P E Expectations Will Support Medium-Term Upside

Adecco Group's updated analyst price target has been revised to CHF 25, down from CHF 27, as analysts incorporate a higher discount rate and a lower assumed future P/E multiple, partly offset by updated assumptions for revenue growth and profit margins. Analyst Commentary Recent research on Adecco Group shows a split view, with some analysts seeing more balanced risk and reward, while others remain cautious on the share price and the company’s ability to execute through sector headwinds.
Aggiornamento narrativa Mar 06

ADEN: Lower P E Assumptions May Set Stage For Future Repricing

Narrative Update Adecco Group's updated analyst price target has shifted lower to CHF 21.00 from CHF 22.50, as analysts factor in a lower assumed future P/E multiple and concerns that cyclical headwinds, combined with structural challenges, could keep earnings subdued for longer. Analyst Commentary Recent Street research on Adecco highlights a cautious tone, with price targets moving into a tighter range around CHF 20 to CHF 21 and ratings reflecting concerns about both cyclical and structural pressures on earnings.
Aggiornamento narrativa Feb 19

ADEN: Cyclical And Structural Earnings Reset May Set Up Future Repricing Potential

Narrative Update: Adecco Group The analyst price target for Adecco Group has been revised down by CHF 4 to CHF 20, as analysts point to ongoing cyclical headwinds combined with structural challenges that they expect could keep earnings lower for longer. Analyst Commentary Recent research has turned more cautious on Adecco Group, with a downgrade to an Underperform rating and a price target set at CHF 20, down from CHF 24.
Aggiornamento narrativa Feb 04

ADEN: Earnings Reset And Structural Pressures Could Support Future Upside Repricing

Adecco Group's analyst fair value estimate has edged down slightly to about CHF 39.35 from CHF 39.55, as analysts factor in Jefferies' downgrade and its view that cyclical and structural pressures could keep earnings "lower for longer". Analyst Commentary The recent downgrade and reduced price target to CHF 20 reflect how some analysts are resetting expectations for Adecco Group, with concerns that a mix of cyclical and structural pressures could keep earnings subdued for an extended period.
Aggiornamento narrativa Jan 21

ADEN: Higher Fair Value Suggests Undervalued Shares Despite Sector Headwinds

Analysts have inched their fair value estimate for Adecco Group to about CHF 39.55 from roughly CHF 39.24. This reflects a slightly higher assumed discount rate, more cautious views on revenue growth and profit margins, and a higher future P/E multiple, while Street research highlights ongoing cyclical and structural challenges for the sector.
Articolo di analisi Jan 21

Adecco Group AG's (VTX:ADEN) Subdued P/E Might Signal An Opportunity

With a price-to-earnings (or "P/E") ratio of 14.2x Adecco Group AG ( VTX:ADEN ) may be sending bullish signals at the...
Aggiornamento narrativa Jan 06

ADEN: Upcoming CFO Transition And Investor Day Will Support Bullish Outlook

Analysts have raised their price target for Adecco Group slightly to about €39.24 from roughly €39.14, citing updated assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple. What's in the News Adecco Group plans to hold an Analyst/Investor Day, giving you a chance to hear management discuss the business and medium term priorities directly (Key Developments).
Aggiornamento narrativa Dec 14

ADEN: Cautious Outlook Will Pressure Shares Despite Modest Margin Improvement

Analysts have raised their price target on Adecco Group modestly to approximately €19.03 from about €18.56. This reflects slightly improved profit margin expectations and a marginally lower discount rate, partly offset by more tempered revenue growth assumptions.
Aggiornamento narrativa Nov 26

ADEN: Improving Temp Volumes And Ratings Upgrades Will Influence Medium-Term Prospects

Adecco Group's analyst price target saw a modest increase from €26.89 to €26.96, as analysts note improving industry volumes and a reassessment of outlook among European staffing firms. Analyst Commentary Recent upgrades in Adecco Group’s analyst coverage reflect a changing sentiment within the staffing sector.
Articolo di analisi Nov 15

Investors Can Find Comfort In Adecco Group's (VTX:ADEN) Earnings Quality

The market was pleased with the recent earnings report from Adecco Group AG ( VTX:ADEN ), despite the profit numbers...
Articolo di analisi Nov 10

Results: Adecco Group AG Exceeded Expectations And The Consensus Has Updated Its Estimates

Investors in Adecco Group AG ( VTX:ADEN ) had a good week, as its shares rose 7.9% to close at CHF24.20 following the...
Aggiornamento narrativa Nov 07

ADEN: Improving Staffing Volumes And Leadership Changes Will Shape Medium-Term Outlook

Adecco Group’s analyst price target has edged slightly higher to CHF 26.89 from CHF 26.74. Analysts cite recent sector upgrades and improving industry trends as key drivers of the revision.
Articolo di analisi Oct 28

Adecco Group (VTX:ADEN) Is Reinvesting At Lower Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Aggiornamento narrativa Oct 03

AI, Flexible Staffing And Upskilling Will Redefine Global Workforce

Adecco Group's analyst price target has increased from €26.24 to €26.74, with analysts citing upgraded industry outlooks and signs of improving market volumes as key drivers for the adjustment. Analyst Commentary Recent analyst coverage of Adecco Group reflects a shift in sentiment, with several firms revising their ratings upward and introducing higher price targets.
Aggiornamento narrativa Sep 05

AI, Flexible Staffing And Upskilling Will Redefine Global Workforce

Adecco Group’s lower Future P/E ratio, indicating reduced earnings growth expectations, contrasts with an unchanged discount rate, resulting in the consensus price target staying flat at CHF26.24. What's in the News Adecco Group expects improved profitability in the second half of 2025 compared to the first half, signaling anticipated progress during H2.
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Nuova narrativa Mar 02

Salesforce And Microsoft Partnerships Will Boost Operational Efficiency Through AI Solutions

Adecco's strategic partnerships and AI solutions are set to improve operational efficiency, drive revenue growth, and boost net margins.

Analisi delle retribuzioni degli amministratori delegati

Come è cambiata la remunerazione di Denis Machuel rispetto agli utili di Adecco Group?
DataCompenso totaleStipendioUtili della società
Mar 31 2026n/an/a

€304m

Dec 31 2025€6m€1m

€295m

Sep 30 2025n/an/a

€280m

Jun 30 2025n/an/a

€290m

Mar 31 2025n/an/a

€290m

Dec 31 2024€5m€1m

€303m

Sep 30 2024n/an/a

€298m

Jun 30 2024n/an/a

€302m

Mar 31 2024n/an/a

€306m

Dec 31 2023€5m€1m

€325m

Sep 30 2023n/an/a

€322m

Jun 30 2023n/an/a

€327m

Mar 31 2023n/an/a

€342m

Dec 31 2022€3m€766k

€342m

Compensazione vs Mercato: La retribuzione totale di Denis ($USD 6.46M ) è superiore alla media delle aziende di dimensioni simili nel mercato Swiss ($USD 1.86M ).

Compensazione vs guadagni: La retribuzione di Denis è stata coerente con le performance aziendali dell'ultimo anno.


AMMINISTRATORE DELEGATO

Denis Machuel (62 yo)

4yrs
Mandato
€5,625,596
Compensazione

Mr. Denis Machuel serves as an Independent Director at Kyndryl Holdings, Inc. October 2021. Mr. Machuel has served as Chief Executive Officer of The Adecco Group since July 2022. He had been Chief Executiv...


Gruppo dirigente

NomePosizioneMandatoCompensazioneProprietà
Denis Machuel
Chief Executive Officer4yrs€5.63m0.030%
CHF 1.3m
Christophe Catoir
President of Adecco Brandno dataNessun dato0.015%
CHF 613.5k
Valentina Ficaio
Chief Financial Officerless than a yearNessun datoNessun dato
Diego Chantrain
Head of Investor Relations & Portfolio Strategyless than a yearNessun datoNessun dato
Mary Waddill
Director of Communicationsno dataNessun datoNessun dato
Daniela Seabrook
Chief Human Resources Officer2.5yrsNessun datoNessun dato
Nicholas de la Grense
Group Head of Financial Planning & Analysis5.3yrsNessun datoNessun dato
Ian Lee
President of Geographic Regions & Regional President of Workforce Solutions Asia Pacific8.5yrsNessun dato0.0020%
CHF 81.3k
Franceso Camillo
Global Head of Art & Designno dataNessun datoNessun dato
Kenichiro Kawasaki
Country Head of Japanno dataNessun datoNessun dato
Vidya Gannamani
Chairman & MD for Adecco India5.5yrsNessun datoNessun dato
Geno Cutolo
Head of Adecco North America3.4yrsNessun datoNessun dato
3.7yrs
Durata media
58yo
Età media

Gestione esperta: Il team dirigenziale di ADEN è considerato esperto (durata media dell'incarico 3.7 anni).


Membri del Consiglio di amministrazione

NomePosizioneMandatoCompensazioneProprietà
Tobias Knechtle
Independent Non-Executive Directorless than a yearNessun datoNessun dato
Jacques Wolf Sanche
Independent Non-Executive Directorless than a yearNessun datoNessun dato
Jean-Christophe Deslarzes
Independent Chairman11.3yrs€1.66m0.060%
CHF 2.5m
Rachel Duan
Independent Director5.3yrs€457.07k0.010%
CHF 418.6k
Matthias Rebellius
Independent Non-Executive Directorless than a yearNessun datoNessun dato
Stefano Grassi
Independent Non-Executive Director2.3yrs€385.90k0.0044%
CHF 181.7k
Martine Ferland
Independent Non-Executive Director1.3yrs€385.42k0.0029%
CHF 117.7k
Regula Wallimann
Independent Director8.3yrs€514.00k0.018%
CHF 729.9k
Sandhya Venugopal
Independent Director3.3yrs€443.17k0.0077%
CHF 319.1k
2.3yrs
Durata media
59yo
Età media

Consiglio di amministrazione esperto: Il consiglio di amministrazione di ADEN non è considerato esperto (durata media del mandato 2.3 anni), il che suggerisce un nuovo consiglio.


Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/07/30 20:35
Prezzo dell'azione a fine giornata2026/07/30 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Adecco Group AG è coperta da 33 analisti. 16 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Gerhard SchwarzBaader Helvea Equity Research
Paul Daniel SullivanBarclays
Afonso OsorioBarclays