Adecco Group Ag Unsp/Adr (AHEXY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and thank you for standing by. My name is Kelvin, and I will be your conference operator today. At this time, I would like to welcome everyone to the EDECO Group First Quarter 2025 results. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star one again. Thank you. I would now like to turn the call over to Benita Barreto, the ADECA Group Head of Investor Relations. Please go ahead. Good morning. Thank you for joining the ADECA Group's conference call today. I'm Benita Barreto, the Group's Head of Investor Relations. Denis Machuel, the ADECA Group's CEO, and Coram Williams, the CFO, are with me today. Before we begin, we want to draw your attention to the Discamer on slide two. Today's presentation will reference GAAP and non-GAAP financial results and operating metrics. This conference call will include forward-looking statements. These statements are based on assumptions as of today and are therefore subject to risks and uncertainties. Let me now hand over to Denny and the results report. Thank you, Benita, and a warm welcome to all of you who joined the call today. Starting with slide three, which provides an overview of the Q1 results. The consistent and rigorous execution of our strategy is paying off. In the first quarter, we gained further market share with solid margin performance. The ADECO GBU was 130 basis points ahead of key competitors this quarter. Revenues were 5.6 billion euros, 2% lower year-on-year on an organic trading days adjusted basis and ...