Earnings Call Summary | Adecco Group AG Unsponsored ADR(AHEXY.US) Q4 2023 Earnings Conference
Earnings Call Summary | Adecco Group AG Unsponsored ADR(AHEXY.US) Q4 2023 Earnings Conference
The following is a summary of the Adecco Group AG (AHEXY) Q4 2023 Earnings Call Transcript:
以下是 Adecco Group AG (AHEXY) 2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
In 2023, Adecco's revenues showed a 3% annual increase, reaching approximately €24 billion, gross profit was €5 billion with a 1% increase, and EBITA increased 8% to €867 million.
Adjusted EPS was €2.99, 9% lower than the previous year due to higher tax rates and lower net income.
Adecco Group reported Q4 revenues of €6.1 billion, up 1% year-on-year on a trading day adjusted basis. EBITA was €264 million, up 20% year-on-year with an EBITA margin of 4.3%.
In Q4, the group reported an adjusted EPS of $0.75, a 1% decline year-on-year.
2023年，Adecco的收入每年增長3％，達到約240億歐元，毛利潤爲50億歐元，增長1％，息稅折舊攤銷前利潤增長8％，達到8.67億歐元。
調整後的每股收益爲2.99歐元，比上年下降9％，這是由於更高的稅率和較低的淨收入。
Adecco集團報告第四季度收入爲61億歐元，經交易日調整後同比增長1％。息稅折舊攤銷前利潤爲2.64億歐元，同比增長20％，息稅折舊攤銷前利潤率爲4.3％。
在第四季度，該集團報告調整後的每股收益爲0.75美元，同比下降1％。
Business Progress:
業務進展：
Adecco increased market share in every quarter. It reported growth primarily in logistics and autos across the globe. Major growth was seen in Germany, the APAC region, and Latin America. Despite a decline in North America, EBITA margin improved.
Strategic partnerships were announced with companies like Headspace and a long-standing relationship with a global beverages company was leveraged to increase share by 30%.
Success was seen in the 'simplify, execute, and grow' agenda which saw cost-saving measures, improved procurement policies, shifts to offshore shared service centers, improved customer satisfaction, and expansion in MSP.
Adecco plans for disciplined cost management, aiming to deliver €150 million savings run rate by mid-2024 and manage its total cost growth to align with expected revenue growth. One-off costs are expected to decrease aiding in free cash flow.
Adecco在每個季度都增加了市場份額。它報告說，全球主要是物流和汽車的增長。德國、亞太地區和拉丁美洲出現了重大增長。儘管北美有所下降，但息稅折舊攤銷前利潤率有所提高。
宣佈與Headspace等公司建立戰略合作伙伴關係，並利用與一家全球飲料公司的長期合作關係將份額提高了30％。
成功體現在 “簡化、執行和發展” 議程中，該議程包括節省成本的措施、改進的採購政策、向離岸共享服務中心的轉移、客戶滿意度的提高以及MSP的擴張。
Adecco計劃進行嚴格的成本管理，目標是到2024年中期實現1.5億歐元的節約率，並管理其總成本增長以使其與預期的收入增長保持一致。一次性成本預計將減少對自由現金流的幫助。
More details: Adecco Group AG Unsponsored ADR IR
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譯文內容由第三人軟體翻譯。