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Adecco Group strategy Serving individuals and enterprises

Adecco Group strategyServing individuals and enterprises 7
Corporate presentation November 2016Content Our vision Our global reach Our strategy Our services solutions Our business Our corporate social responsibility Our results Our future perspective Our global programmes Corporate Presentation November 2016 Slide 2Our vision Corporate Presentation November 2016 Slide 3Our 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. Our business has a positive impact on millions of people every day. Helping people to “better work, better life” is our common purpose and the way in which we contribute to society. This is what we do, this is what we know about, this is what we care about, this is what we are all about. For more information: www.adecco.com/enUS/About/Pages/default.aspx Corporate Presentation November 2016 Slide 4Our global reach Corporate Presentation November 2016 Slide 5Our global reach in 60 countries We help approximately 700,000 people find The Adecco Group is the world’s leading work every day through our network of more provider of workforce solutions. Our services than 33,000 fulltime employees and around and solutions fall into the broad categories of 5,100 branches in 60 countries and territories temporary staffing, permanent placement, around the world. career transition and talent development as well as outsourcing and consulting. Corporate Presentation November 2016 Slide 6Our strategy Corporate Presentation November 2016 Slide 7Adecco 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. Corporate Presentation November 2016 Slide 8Our services solutions Corporate Presentation November 2016 Slide 9How HR services companies benefit labour markets 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. 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 onthejob 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 2016 Slide 10Our services solutions 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. For more information: www.adecco.com/enUS/BusinessServices/Pages/Overview.aspx Corporate Presentation November 2016 Slide 11Our business Corporate Presentation November 2016 Slide 12Revenue development by business lines FY 2015 vs. FY 2014 1) Revenues Revenue growth EUR m in , constant currency Office 5,269 4 Industrial 11,097 7 General Staffing 16,366 6 8 Information Technology 2,588 0 17 51 Engineering Technical 1,133 8 2) 3 912 Finance Legal 6 Medical Science 407 24 1 Professional Staffing 5,040 2) 14 604 Solutions Adecco Group 22,010 4 1) Breakdown of staffing revenues into Office, Industrial, Information Technology, Engineering Technical, Finance Legal and Medical Science is based on dedicated branches. Solutions comprises Career Transition Talent Development (CTTD), Managed Service Programmes (MSP), Recruitment Process Outsourcing (RPO) and Vendor Management System (VMS). 2) In FY 2015 revenues changed organically in Solutions by 5. Organic growth is a non US GAAP measure and excludes the impact of currency, acquisitions and divestitures. Corporate Presentation November 2016 Slide 13General staffing – Office Our activities Office • 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. Corporate Presentation November 2016 Slide 14General staffing Industrial Our activities Industrial • 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 Corporate Presentation November 2016 Slide 15Professional staffing – IT and Engineering Technical Our activities Information Technology • Sourcing and deploying highly skilled IT specialists in mainstream and niche technologies to meet clients‘ temporary, permanent and project needs to navigate the fastmoving IT landscape. • Serving clients with structured HR solutions such as infrastructure management, testing services, recruitment process outsourcing, and multilanguage help desk. Engineering Technical • Providing the appropriate skilled engineers and technical specialists for temporary, longerterm secondment, and work packagebased assignments. • Major sectors of expertise including electronics automotive and transportation, energy, oil gas, utilities, medical products, aerospace, chemicals raw materials. Corporate Presentation November 2016 Slide 16Professional staffing – Medical Science Our activities Medical Science 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 In the Healthcare sector our focus includes: •Sales Product Support •Doctors •Directors Department Heads •Nurses •Therapists •Pharmacists •Other Allied Healthcare Professionals Corporate Presentation November 2016 Slide 17Professional staffing – Finance Legal Our activities Finance Legal • 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: Ajilon Finance, Ajilon Legal, DIS AG Finance, Spring Professional and Badenoch Clark Corporate Presentation November 2016 Slide 18Business Process Outsourcing Solutions Our activities Managed Service Programmes (MSP) / Vendor Management System (VMS) Clients increasingly ask Adecco to manage all parts of their contingent workforce through our Managed Service Programmes. •We can offer programme management, reporting and tracking, supplier selection and management, order distribution and even consolidated billing. • Clients can also keep the management of their contingent and freelance workforce inhouse by using our Beeline marketleading Vendor Management System. The VMS solution automates the process of acquiring and managing contingent and freelance labour time, expense and consolidated invoicing. Recruitment Process Outsourcing (RPO) 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 parttime hiring, Onboarding and offer management. Corporate Presentation November 2016 Slide 19Career Transition Talent Development Services Our activities Career Transition Talent Development 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. Corporate Presentation November 2016 Slide 20Our corporate social responsibility Corporate Presentation November 2016 Slide 21Adecco corporate social responsibility Three Dimensions of CSR For more information: www.adecco.com/enUS/csr/Pages/default.aspx Or : http://csrr.adecco.com/csr2014 Corporate Presentation November 2016 Slide 22Our results Corporate Presentation November 2016 Slide 23Revenues and EBITA by segment Q3 2016 vs. Q3 2015 1) Revenues EBITA of EUR Organic EUR Margin Margin revenues millions change yoy millions change yoy 22 France 1 ,301 3 94 7.2 10 bps 20 North America 1 ,171 1 72 6.2 20 bps 9 UK Ireland 543 4 14 2.5 20 bps 10 Germany, Austria, Switzerland 564 2 41 7.2 160 bps 8 Benelux and Nordics 487 2 22 4.6 0 bps 6 Italy 372 13 30 8.3 90 bps 6 Japan 334 2 20 6.1 30 bps 5 Iberia 256 8 9 3.4 80 bps 12 Rest of World 678 10 19 2.7 60 bps 1) Lee Hecht Harrison 2 105 5 27 25.3 110 bps 0 1) Corporate (28) 1) 100 5 ,811 3 320 5.5 30 bps Adecco Group 1) In Q3 2016, excluding oneoffs of EUR 5 million in North America, EUR 13 million in Germany, Austria and Switzerland, and EUR 5 million in Rest of World, and excluding integration costs of EUR 3 million in Lee Hecht Harrison. In Q3 2015, excluding integration costs of EUR 3 million in Lee Hecht Harrison. Corporate Presentation November 2016 Slide 241) Revenue development by business line Organic yearonyear change in percent Industrial grew by 3 in Q3 2016 compared to 4 in 10 the previous quarter 8 6 Office grew by 4 in Q3 2016 4 compared to 5 in the 2 previous quarter 0 2 Professional Staffing grew by 4 4 in Q3 2016, compared to 5 in the Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 previous quarter: 2013 2014 2015 2016 IT: 5 (6 in Q2 2016) Industrial Office Professional Engineering Tech.: 1 (2) Finance Legal: 2 (7) Medical Science: 11 (13) 1) Excluding Solutions. Corporate Presentation November 2016 Slide 25Q3 2016 results summary Reported Variance (16 vs. 15) in percent 5.0 0.0 5.0 Reported Organic 0 EUR m of rev. 2 Revenues 0 5,811 3 1 Gross profit 0 1,088 18.7 1 3 1) 0 768 13.2 SGA excluding oneoffs 3 3 2) 0 320 5.5 EBITA excluding oneoffs 3 Operating income 0 285 4.9 Net income attributable to 173 3.0 Adecco shareholders 1) In Q3 2016, excluding oneoffs of EUR 5 million in North America, EUR 13 million in Germany, Austria and Switzerland, and EUR 5 million in Rest of World, and excluding integration costs of EUR 3 million in Lee Hecht Harrison. In Q3 2015, excluding integration costs of EUR 3 million in Lee Hecht Harrison. 2) EBITA is a non US GAAP measure and refers to operating income before amortisation of intangible assets. Corporate Presentation November 2016 Slide 26Our future perspective Corporate Presentation November 2016 Slide 27Our future perspective Global trends Governments 1. Regulation 2. Flexibility imperative 3. Job creation People Companies 1. Demographics 1. Productivity and flexibility Adecco Group 2. Skills mismatch 2. Talent shortage 3. Lifestyle changes 3. Changing labour force Technology 1. Job search engines 2. eintermediaries 3. eLearning Corporate Presentation November 2016 Slide 28Our global programmes Corporate Presentation November 2016 Slide 29Our global programmes Global initiatives for our partners and for the industry Adecco Way to Work Win4Youth Win4Youth is a global sports initiative leading Our commitment against youth unemployment to a Group donation to 9 foundations ► The global Adecco Street Day and the on dedicated to giving young people a better start line Career Center: provide career guidance th in work and life. In its 7 year, the 2016 and tips for a successful job search edition aims to reach a goal of 3.500,000 km by swimming, running and cycling (the set of ► The Internships Opportunities: work triathlon sports). Adecco will turn all the experience opportunities to enhance young kilometres covered by colleagues, clients and people’s employability associates into a group donation, while ► CEO for One Month: a onceinalifetime fostering healthy and active lifestyles for experience to get a taste of how to run a Adecco employees. multinational company and a career boost For more information: For more information: www.adeccowaytowork.com http://www.win4youth.com/ Global Studies Athlete Career Programme Global Talent Helping elite athletes in their transition from Work Trends Competitiveness sport to the world of work is the goal of the Study Index International Olympic Committee and the International Paralympic Committee Athlete The 2015 Work Trends The annual benchmarking Career Programme (ACP) in cooperation Study investigates how study that ranks global with the Adecco Group. Through the ACP, job seekers and economies based on companies gain access to worldclass their ability to grow, recruiters use social employees with extraordinary skills and the attract and retain talent. media, what they think determination to excel in whatever they do. A practical tool for about smartworking and Since 2005, the programmes touched over governments and personal or employer 30,000 athletes from 185 countries. businesses to help branding. overcome skill For more information: Download the 2015 study shortages while http://athlete.adecco.com/ on: boosting global competitiveness. http://www.adecco.com/i http://www.adecco.com/in ndustryinsights/work dustryinsights/gtci.aspx trends.aspx Corporate Presentation November 2016 Slide 30Thank you Corporate Presentation November 2016 Slide 31