adecco group corp pres

Corporate presentation

November 2014

November 2014

Corporate Presentation

Slide 2

Content

Our vision

Our global reach

Our strategy

Our services & solutions

Our business

Our corporate social responsibility

Our results

Our future perspective

November 2014


Slide 3

Our vision

November 2014


Slide 4

Our vision

We inspire individuals and organisations to work more

effectively and efficiently, and create greater choice in the

domain of work, for the benefit of all concerned. As the

worlds leading provider of HR solutions a business that

has a positive impact on millions of people every day we

are conscious of our global role. Helping people to better

work, better life is our common purpose and the way in

which we contribute to society.

For more information:

www.adecco.com/en-US/About/Pages/default.aspx

November 2014


Slide 5

Our global reach

November 2014


Slide 6

We help more than 650,000 people find work

every day through our network of

approximately 32,000 full-time employees

and around 5,100 branches in over 60

countries and territories around the world.

The Adecco Group is the worlds leading provider of HR solutions. Our services and

solutions fall into the broad categories of

temporary staffing, permanent placement,

career transition and talent development as

well as outsourcing and consulting.

Adecco Group operates

in over 60 countries

and territories worldwide

Our global reach

November 2014


Slide 7

Our strategy and strategic priorities

November 2014


Slide 8

Adecco Group strategy Serving individuals and enterprises

The strategy of the Adecco Group is to be alongside each phase in the life cycle of our

clients and candidates/associates.

November 2014


Slide 9

2. IT

3. Professional

Staffing & Services

1. Engagement

4. Segmentation

5. BPO solutions

6. Emerging

Markets

Top line growth

Pricing discipline

Cost control

EBITA margin >5.5%

We strive to reach an EBITA margin above 5.5% in 2015

November 2014


Slide 10


November 2014


Slide 11

How HR services companies benefit labour markets

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.

We maintain a constant dialogue with clients and workers

as well as with societal, governmental and business stake-

holders to create more and better work opportunities for

individuals worldwide.

November 2014


Slide 12



www.adecco.com/en-US/BusinessServices/Pages/Overview.aspx

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.

November 2014


Slide 13

Our business

November 2014


Slide 14

Revenues1)

Revenue growthEUR m in %, constant currency

Office 4,949

Industrial 9,627

General Staffing2) 14,576

Information Technology2) 2,249

Engineering & Technical 1,138

Finance & Legal2) 751

Medical & Science 364

Professional Staffing2) 4,502

Solutions 425

Adecco Group2) 19,503

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.

-3

-2

-3

0

1

1

-7

0

10

-2

50%

25%

17%

8%

Revenue development by business lines FY 2013 vs. FY 2012

November 2014


Slide 15

Administrative / clerical

Assistance

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.

General staffing Office Our activities

Office

November 2014


Slide 16

General staffing - Industrial Our activities

Assembly

Production

Machine operation

Mechanical trades

Warehousing

Packaging

Shipping and receiving

Our specialised services focuses on different

industrial sectors where flexibility and

qualified employees contribute to our

clients competitiveness, for example:

Automotive

Manufacturing/Heavy Industry

Construction

Hospitality

Transport and Logistics

Industrial

November 2014


Slide 17

Professional staffing IT and Engineering & Technical Our activities

Sourcing and deploying highly skilled IT specialists

in mainstream and niche technologies to meet clients

temporary, permanent and project needs to navigate the

fast-moving IT landscape.

Serving clients with structured HR solutions such as

infrastructure management, testing services, recruitment

process outsourcing, and multi-language help desk.

Providing the appropriate skilled engineers and

technical specialists for temporary, longer-term

secondment, and work package-based assignments.

Major sectors of expertise including electronics

automotive and transportation, energy, oil & gas,

utilities, medical products, aerospace, chemicals &

raw materials.

Engineering & Technical

Information Technology

November 2014


Slide 18

Professional staffing Medical & Science Our activities

In the field of Medical & Science we recruit and place

specialised scientific and healthcare professionals. For the

Pharma and Science sectors our focus includes profiles

such as:

Clinical Research Managers/Associates

Clinical Research Doctors & Nurses

Regulatory Affairs

Pharmacists

Medical Writers

Laboratory Research Scientists

Sales & Product Support

Directors & Department Heads

In the Healthcare sector our focus includes:

Doctors

Nurses

Therapists

Pharmacists

Other Allied Healthcare Professionals

Medical & Science

November 2014


Slide 19

Professional staffing Finance & Legal Our activities

Serving our clients across commerce and industry,

financial services, banking, insurance, public practice,

law firms and corporate law departments

Our global network consists of over 200 branch offices

in 17 countries operating under the following brands:

Adecco Finance, Ajilon Finance, Ajilon Legal, DIS AG

Finance, Jonathan Wren and Badenoch & Clark

Finance & Legal

November 2014


Slide 20

Business Process Outsourcing Solutions Our activities

Recruitment Process Outsourcing (RPO)

As a Managed Services Provider, our large multinational

clients increasingly call on us to manage their contingent

workforce.

We can manage your contingent workforce programme,

programme management, reporting and tracking,

supplier selection and management, order distribution

and even consolidated billing.

As part of our service, we can also provide you with a

Vendor Management System our market-leading

solution Beeline - and be present on site.

Managed Service Provider (MSP)

For companies looking to outsource their recruitment

process for permanent employees, we work with them to

provide the flexible Recruitment Process Outsourcing

solution best suited to their needs.

Our solutions include: Candidate sourcing, screening and

assessment, Recruitment administration, Market

expansions, cyclical and part-time hiring, On-boarding and

offer management.

November 2014


Slide 21

Career Transition & Talent Development Services Our activities

Lee Hecht Harrison is a talent solutions company focused on:

Career Transition

Leadership Development

Career Development

Change Management solutions

Many organisations are trying to address these pressures

by investing in their people, deploying and redeploying their

resources, expanding their markets and reducing their costs.

This is where Lee Hecht Harrison provides companies with

unparalleled and innovative approaches to managing the entire

employee lifecycle and customised solutions that are

specifically tailored to client requirements.

Career Transition & Talent Development

November 2014


Slide 22

Our corporate social responsibility

November 2014


Slide 23

Adecco corporate social responsibility Three Dimensions of CSR


www.adecco.com/en-US/csr/Pages/default.aspx Or : http://csrr.adecco.com/csr2013

November 2014


Slide 24

Our results

November 2014


Slide 25

Revenues and EBITA by segment Q3 2014 vs. Q3 2013

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) EBITA excluding restructuring costs in Q3 2014 of EUR 5 million in North America

% of

revenues

EUR

millions

Organic

change yoy

EUR

millionsMargin

Margin

change yoy

24% France1)

1,242 -3% 82 6.6% -80 bps

19% North America2)

986 5% 61 6.1% 170 bps

10% UK & Ireland1)

526 1% 14 2.7% 50 bps

9% Germany & Austria 438 1% 36 8.3% -70 bps

5% Japan 266 4% 16 5.9% -60 bps

5% Italy 280 15% 18 6.6% -20 bps

5% Benelux 262 4% 14 5.6% 10 bps

4% Nordics 206 6% 7 3.5% -80 bps

4% Iberia 209 21% 9 4.1% 100 bps

2% Australia & New Zealand 94 -8% 1 1.1% -120 bps

2% Switzerland 117 6% 12 10.0% 140 bps

9% Emerging Markets 481 9% 18 3.7% -10 bps

2% LHH1)

78 6% 20 25.6% -210 bps

Corporate (28)

100% Adecco Group1),2) 5,185 3.5% 280 5.4% -10 bps

Revenues EBITA

November 2014


Slide 26

1) Excluding Solutions

Revenue development by business line1)

Organic year-on-year change in percent

-15%

-10%

-5%

0%

5%

10%

15%

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2012 2013 2014

Industrial Office Professional

Industrial grew by 6% in Q3

2014 compared to 8% in the

previous quarter

Office grew by 1% in Q3 2014

compared to flat growth in the

previous quarter

Professional Staffing grew by 1%

in Q3 2014 compared to 2% in the

previous quarter:

- IT: 1% (4% in Q2 2014)

- Engineering & Tech.: -1% (-2%)

- Finance & Legal: 4% (3%)

- Medical & Science: flat (-5%)

November 2014


Slide 27

Reported Variance (14 vs. 13) in %

0EUR m % of rev.

0.0%

Operating income 0 0.0%

SG&A

198 3.8%

0

0.0%

5.1%

5.3%

0

0

EBITA

0

266

Revenues

Gross profit

5,185

9540.0%

0.0% 275

18.4%

679 13.1%

Net income attributable to

Adecco shareholders

3

1

2

1

1

4

4

5

2

12

0 5 10 15

Q3 2014 results summary

Reported Underlying1)

Constant currency

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.

November 2014


Slide 28

Our future perspective

November 2014


Slide 29

1. Regulation

2. Flexibility imperative

3. Job creation

Our future perspective Global trends

Adecco Group 1. Productivity and flexibility 2. Talent shortage

3. Changing labour force

1. Demographics

2. Skills mismatch

3. Lifestyle changes

1. Job search engines

2. e-intermediaries

3. eLearning

Governments

Companies

Technology

People

November 2014


Slide 30

Thank you

adecco group corp pres

Documents