Hays update tests Adecco stock before third-quarter results

Published on 10/13/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adecco reported 5.60 percent organic growth in the second quarter of 2026. Adecco stock last stood at EUR 23.44 on October 12, 2026 after EUR 24.20.

Key points in brief

Hays' October 12, 2026 trading update highlighted continued pressure in staffing markets.
Adecco reported 5.60 percent organic revenue growth and 21.00 percent higher adjusted EBITA in the second quarter of 2026.
Adecco stock last stood at EUR 23.44 at Lang & Schwarz on October 12, 2026, versus the EUR 24.20 Xetra close.
The next reported milestone is Adecco's third-quarter 2026 release on November 12, 2026.

Adecco, CH0012138605, Illustration mit AI erstellt.

Adecco stock (ISIN CH0012138605) last stood at EUR 23.44 at Lang & Schwarz on October 12, 2026 at 11:00 p.m. CEST, compared with the EUR 24.20 Xetra close on the same date. A Hays trading update highlighted difficult staffing markets ahead of Adecco's third-quarter results on November 12, 2026.

Three dated signals for Adecco

On August 6, 2026, Adecco reported second-quarter organic revenue growth of 5.60 percent and adjusted EBITA of EUR 165.00 million, up 21.00 percent year over year, according to Yahoo Finance.

On September 20, 2026, Boerse Express reported that Moody's had kept Adecco's Baa1 rating but lowered its outlook from stable to negative, citing pressure on operating margins and leverage.

On October 12, 2026, Investing.com reported that Hays' first-quarter trading update reinforced concerns that staffing-market recovery could take longer. The report also said Adecco had broken below its 50-day moving average on October 8, 2026.

What does the earnings trend mean?

The second-quarter figures provide a counterweight to the cautious industry signal. Adecco's group revenue rose 5.60 percent organically, while adjusted EBITA increased 21.00 percent year over year to EUR 165.00 million. The adjusted EBITDA margin expanded by 30 basis points to 2.80 percent, according to Yahoo Finance.

Analyst expectations also remain divided. Investir reported on September 29, 2026 that Oddo BHF raised its Adecco price target from CHF 23.00 to CHF 27.00 while keeping a neutral rating. The same report said the bank expected second-half growth to slow to 6.00 percent in the third quarter and 4.00 percent in the fourth quarter.

November 12 sets the next test

Adecco is scheduled to publish its third-quarter 2026 results on November 12, 2026, according to Boerse Express. The report should clarify whether the second-quarter improvement in adjusted EBITA and margin can continue while staffing demand remains uneven.

Adecco's last available Lang & Schwarz quote was EUR 23.44 on October 12, 2026 at 11:00 p.m. CEST, while the Xetra close on October 12, 2026 was EUR 24.20. The further course of trading is shown by the continuously updated real-time quote of Adecco stock.