Accelerated Progress and Strategic Advancements in Q3 of 2017

In the third quarter of 2017, The Adecco Group, a global leader in human resource solutions, continued to demonstrate strong performance. The company reported sustained revenue growth momentum at 6%, organically and trading days adjusted. This growth was accompanied by a net income attributable to our group shareholders of EUR 123 million.

One of the highlights of Q3 was the launch of the online freelancer platform YOSS, co-created with Microsoft. A background paper for the YOSS platform is available, along with two informative infographics and a demo video. Two infographics related to the YOSS platform are available, providing a visual overview of the platform's features and benefits. A demo video offers a hands-on demonstration of how YOSS works.

Alain Dehaze, Group Chief Executive Officer, expressed positive progress on the strategic agenda to Perform, Transform, and Innovate. Accelerated IT infrastructure investments and the roll-out of a new integrated front-office solution in several key markets were key elements of this transformation. An B-roll for the new Adecco Group headquarters is available, offering a glimpse into the company's modern, innovative work environment.

Alain Dehaze's Q3 highlights are also available in broadcast quality footage, providing a deeper insight into the company's performance and future plans. Underlying productivity continues, with FTE employees up only 2% organically, indicating a focus on efficiency and productivity.

The company's strong cash conversion and balance sheet was reflected in a 0.8x net debt to EBITDA excluding one-offs. However, a one-time, non-cash charge of EUR 129 million was incurred due to streamlining of the brand portfolio.

Looking ahead, the revenue growth trend in September and October has shown a slight increase, surpassing Q3 2017 levels. The Adecco Group continues to innovate and adapt to the changing needs of the global workforce, positioning itself for continued success in the future.

An infographic summarizing the group's Q3 highlights is available, offering a comprehensive overview of the company's performance and achievements in Q3 2017. For more information about The Adecco Group and its initiatives, visit our website.