Global megatrends reshaping world of work, says Adecco
The Adecco Group has released its 2017 Annual Report.
Building on the report of 2016, the 2017 Annual Report further elaborates on the Adecco Group’s strategic agenda to Perform, Transform and Innovate, as laid out at the September 2017 Capital Markets Day.
Global megatrends are reshaping the world of work, driving increased demand for flexible workforce solutions and creating opportunities for the Group to launch new solutions in adjacent markets. The Adecco Group is investing to capitalise on these trends, both in terms of leveraging new technologies within its core services and in its growing suite of digital HR platforms, such as Adia, YOSS and Vettery. The Group’s strategy will create increasing differentiation versus traditional competitors and expand its addressable markets, thus accelerating organic revenue growth. The digital transformation will also improve productivity and add higher-margin revenue streams, enhancing the Group’s EBITA margin.
The strong cash generation of the Adecco Group’s underlying businesses underpins its programme of strategic investments while also continuing to reward shareholders with attractive capital returns.
As announced with the Q4 & FY17 results, for 2017, the board of directors will propose a dividend of CHF 2.50 per share, an increase of 4%, and a share buyback of EUR 150 million. The Group remains committed to a progressive dividend policy and will maintain its dividend per share at least in-line with the prior year, even in a cyclical downturn.
The report can be accessed as a download (PDF) or as an interactive online version at the following link: http://ar.adeccogroup.com. A summary highlights version can be found at: https://press.adeccogroup.com.
Photo courtesy of Shutterstock.com