THE ADECCO GROUP HALF YEAR REPORT 2026

ZURICH, Switzerland, Aug. 6, 2026 /PRNewswire/ — The Adecco Group Half Year Report 2026 is now available in the Ad Hoc section of the Group’s website, which is directly accessible by clicking here. 

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THE ADECCO GROUP Q2 2026 RESULTS

Disciplined execution driving strong profitable growth, operational efficiency and deleveraging

AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

ZURICH, Switzerland, Aug. 6, 2026 /PRNewswire/ — HIGHLIGHTS

• Strong organic revenue growth of +5.6% TDA yoy
• Continued market share gains: Group +160 bps, Adecco +60bps vs key competitors
• Adecco GBU +6.6% yoy: Americas +12%, APAC +10%, and EMEA excl. France +8%
• Akkodis GBU +1% yoy, back to growth; LHH flat yoy, Professional Recruitment Solutions back to growth at +1%
• Gross margin 18.6%, with yoy comparison improving sequentially by 20 bps
• EBITA €165 million excl. one-offs, +21% yoy, consistent profitable growth
• EBITA margin 2.8% excl. one-offs, +30 bps yoy, reflecting strong operating leverage, with productivity +6% yoy and organic drop-down ratio of 64%
• Basic EPS €0.28; Adjusted EPS €0.61 +31%
• LTM cash conversion at 83%, good performance in a period of growth
• Continued deleveraging momentum, with net debt/EBITDA 0.5x lower yoy

Denis Machuel, Adecco Group CEO, commented:

“Our strategy, rigorous execution and client & candidate focus continue to deliver strong performance. Momentum carried through the first half, with a fifth consecutive quarter of growth, at 5.6% year-on-year, and a further 160 basis points of market share gain. Healthy gross margin combined with cost discipline is supporting stronger EBITA. We also continue to deleverage, with net debt to EBITDA ratio 0.5x lower than a year ago.

“Adecco had another excellent quarter, growing at 6.6%, with strong performance across our regions. LHH saw positive signs in permanent placement, with Recruitment Solutions returning to growth. Akkodis is also back to growth, with improving profitability.

“Within Adecco, our accelerated focus on technology-enabled productivity has already delivered our full-year target of 50% revenues being agent-enabled. We are now raising our ambition to 70% coverage by the end of the year.”

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IIFL Capital partners with Flytxt to leverage Agentic AI for sustainable AUM growth

MUMBAI, India, Aug. 6, 2026 /PRNewswire/ — Flytxt, a leading provider of Enterprise AI solutions for Marketplace Optimisation, today announced that IIFL Capital Services Limited, a full-service investment and wealth management firm, has adopted its award winning AI to strengthen investor engagement and accelerate Assets Under Management (AUM) growth through intelligent investment recommendations.

With over 15 years of AI innovation, Flytxt currently serves more than 80 enterprise customers across 50 countries, helping them transform customer data into actionable intelligence and driving measurable business outcomes.

As investor expectations continue to evolve, financial service providers are under increasing pressure to deliver highly relevant and timely investment guidance. By leveraging Flytxt’s AI platform, IIFL Capital can better understand investor behavior, identify emerging investment opportunities, and engage customers with recommendations aligned to their financial goals and investment preferences.

“Technology adoption has always been central to driving innovation at IIFL Capital. Our collaboration with Flytxt reflects our commitment to leveraging AI to deepen investor engagement and create greater value for our investors,” said Mrs. Jyotsna Solanki, Head Business Intelligence & Growth, IIFL Capital.

“AI delivers real-world impact only when it is trusted, transparent, and easy to use. That’s exactly what our partnership with IIFL Capital demonstrates. Powered by causal intelligence, our Agentic AI solutions enable enterprises to reason, decide, and act with greater autonomy to deliver measurable business outcomes,” said Dr Vinod Vasudevan, CEO, Flytxt.

This partnership reflects Flytxt’s growing presence in the financial services sector, where leading NBFCs, fintech firms, insurance companies, and retail banks globally are leveraging its AI capabilities to accelerate customer growth, enhance product innovation, streamline customer service and drive deeper customer engagement.

About IIFL Capital

IIFL Capital Services Limited (formerly IIFL Securities Limited) is a full-service broking and investment services firm operating in India. IIFL Capital offers broking services, wealth management, financial products distribution, institutional broking, research and investment banking services.

For more information, visit https://flytxt.ai/

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Vasuki India Raises ₹100 Crore from an NRI Investor, Extends Fund Raise until December’2026

MUMBAI, India, Aug. 6, 2026 /PRNewswire/ — Vasuki India has raised fresh funds of ₹100 crore under its second investment scheme, Vasuki XVI, from a single Non-Resident Indian (NRI) investor, underscoring growing confidence in the fund’s research-led and expertise-driven investment approach.

Vasuki India, a SEBI Category III Alternative Investment Fund (AIF), nearing closure of its drawdown period, is planning to raise further ~₹ 200cr in next few months.

This investment comes as investors increasingly seek differentiated investment strategies that combine institutional discipline with deep sector knowledge. Vasuki XVI invests in Indian listed equities and select private equity opportunities, with a focus on long-term capital preservation and risk-adjusted returns. With this approach, Vasuki XVI has materially outperformed NIFTY 50 by ~4.5% since inception (June 2024). Vasuki’s flagship scheme, Vasuki India Fund, operational since October 2021 has delivered outperformance of 5.7% since inception.

Vasuki India was founded by Vikas Sehgal, with close to 30 years of experience in financial services and investment banking. Vikas Sehgal is a seasoned professional with a global footprint. Vasuki India has built a network of distinguished entrepreneurs, corporate executives, industry specialists and business leaders who actively contribute to investment evaluation and portfolio construction. The fund LPs provide strategic insights and industry expertise alongside contributing significant capital to fund.

Recently, Vasuki has welcomed Ravindra Bhandari as Fund Manager, strengthening its investment team. Ravindra brings over 15 years of experience across various functions of capital markets, equity research, portfolio management and investment banking.

Beyond its India-focused strategy, Vasuki offers investors access to the global technology ecosystem through the Luxembourg-based Vasuki Tech Fund, which invests in early-stage technology companies across sectors including artificial intelligence, mobility, cybersecurity, sustainability and climate technology.

Contact for additional details: Vasuki.xvi@vasukiindia.com 

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Abercrombie & Fitch Co. Opens Global Capability Center in Bengaluru to Support Continued Global Growth and Strengthen Enterprise Capabilities

BENGALURU, India, Aug. 6, 2026 /PRNewswire/ — Abercrombie & Fitch Co. recently opened its Bengaluru Global Capability Center (GCC), establishing a new office in India. The GCC will build and strengthen capabilities across the enterprise, supporting the company’s continued global growth and operating strategy. The GCC will bring together talent from multiple business functions to increase capacity, deepen specialized expertise, and improve how work is delivered across the organization.

“Our Bengaluru GCC represents an important investment in the capabilities Abercrombie & Fitch Co. will need to drive continued global growth,” said Samir Desai, Chief Digital and Technology Officer, Abercrombie & Fitch Co. “This is an enterprise-wide initiative that extends well beyond technology. By building quality teams with a wide range of experience, we can increase our capacity, strengthen execution and create a more scalable global operating model.”

“We’re building teams to complement Abercrombie & Fitch Co.’s ongoing global growth ambitions,” said Mangai Varadarajan, Vice President and Site Leader, Abercrombie & Fitch India GCC. “Our focus is on initiatives that deliver meaningful business outcomes, making our India team a trusted, essential extension of our global operations.”

Abercrombie & Fitch Co. has engaged ANSR as an advisor to help establish and scale its GCC, drawing on ANSR’s experience helping global enterprises develop high-impact capability centers in India. 

About Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs.

The company operates a family of brands, including Abercrombie brands and Hollister brands, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates approximately 840 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.com, abercrombiekids.com, and HollisterCo.com.

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KANEBO selects Eastman Cristal™ One IM812 for luxury overcap packaging

Premium cosmetics brand chose recyclable material for an overcap that delivers aesthetics, strength and sustainability.

KINGSPORT, Tenn., Aug. 6, 2026 /PRNewswire/ — Prestigious Japanese cosmetics brand KANEBO has selected Eastman Cristal™ One IM812 specialty PET resin for the overcap of its new Generating Essentials Treatment Lotion.

“Rooted in KANEBO’s ‘Progress Care’ philosophy and our message, ‘Going beyond beauty, KANEBO heightens hope,’ this lotion reflects our approach to supporting skin through different stages of life rather than focusing on anti-aging,” said Shinsuke Magai, KANEBO designer. “We wanted the packaging to bring that philosophy to life through a design that conveys both refinement and progression.”

For the thick-walled black overcap, KANEBO needed a material that could meet demanding performance and design requirements, especially given the cap’s heavier construction. Cristal One IM812 met that challenge by passing drop impact testing and maintaining required strength after post-mold painting.

Cristal One IM812 delivered the precise aesthetic KANEBO envisioned: a clean, high-quality black with the right gloss and a subtle transition from opaque black to a more transparent black gradient at the top. This combination of toughness, transparency and color precision helped create a refined premium look without making the package appear overly heavy.

“From an engineering perspective, this packaging required careful alignment of material performance, processing and finish,” said Shota Kawasaki, KANEBO packaging engineer. “We evaluated several candidate materials, and Cristal One IM812 proved to be the best match for our needs.”

This specialty material can be injection molded and is designed to provide high transparency and toughness for premium cosmetic components.

KANEBO selected this specialty PET resin for its sustainability benefits, as it is recyclable in the PET recycling stream. Although compliance with the European Union’s Packaging and Packaging Waste Regulation (PPWR) was not an immediate requirement for a product sold primarily in Asian markets, KANEBO chose to go a step further by adopting a material that aligns with anticipated future regulatory expectations.

Market response has been positive since the lotion’s January 2026 launch, and KANEBO plans to expand use of Cristal One Renew IM812 in upcoming products.

“KANEBO’s adoption of Cristal One IM812 in its product cap is meaningful to Eastman,” said Tara Cary, Eastman marketing manager for cosmetics and personal care packaging. “This commercial example shows how Eastman’s materials can help beauty brands address the challenge of combining sustainability with uncompromised appearance, durability and function.”

Kao, KANEBO’s parent company, has partnered with Eastman for many years. Built through collaboration on Eastman material innovations, the longstanding relationship reflects Kao’s confidence in Eastman’s global technical support and materials expertise for cosmetic packaging that demands premium finishes and reliable performance.

About KANEBO

KANEBO is a prestigious Japanese cosmetics brand that conveys a message of hope, not just beauty. Centered on skin care, the brand also offers a full range of makeup products. At the heart of KANEBO’s skin care is a signature cream inspired by Taishi. Taishi (胎脂) is the Japanese term for vernix caseosa, a naturally disappearing substance that protects a baby’s immature stratum corneum from environmental changes and dryness. Through its unique skin care and makeup, KANEBO empowers individuals to pursue their aspirations while fostering a positive mindset.

About Eastman 

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com. 

Media Contact

Eastman

Jacob Teetzmann, APR

jteetzmann@tombras.com

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Infor Appoints Yuka Kanemitsu as President and Representative Director of Infor Japan to Accelerate Industry Cloud Growth and AI-Driven Business Transformation

Experienced technology executive to lead Infor’s next phase of growth in Japan, helping customers modernize operations through industry-specific cloud solutions, AI, and deep industry expertise.

NEW YORK and TOKYO, Aug. 6, 2026 /PRNewswire/ — Infor, the industry cloud company, today announced the appointment of Yuka Kanemitsu as President and Representative Director of Infor Japan.

Kanemitsu will lead the company’s business strategy and operations across Japan, with responsibility for accelerating customer success, expanding strategic partnerships, and driving continued growth in one of Infor’s most important global markets.

Her appointment comes as organizations across Japan increasingly invest in digital transformation, AI, and cloud technologies to improve operational resilience, strengthen supply chains, and address evolving workforce challenges.

As demand grows for industry-specific solutions that deliver measurable business outcomes, Infor continues to expand its Industry Cloud platform by combining deep industry expertise with AI capabilities purpose-built for complex business processes.

Quote from Geoff Thomas

Japan is one of Infor’s most strategic markets worldwide and plays an important role in our long-term growth strategy across Asia Pacific.

Organizations today are looking beyond general-purpose AI. They want technology that understands the unique requirements of their industries, improves business processes, and helps people make better decisions.

Infor is uniquely positioned to meet these needs through our Industry Cloud platform, which combines deep industry functionality with AI, automation, and advanced analytics.

Yuka has an exceptional track record of building high-performing organizations, strengthening customer relationships, and leading business transformation. Her leadership will be instrumental as we continue helping customers across Japan achieve measurable business outcomes.

Kanemitsu brings more than 25 years of leadership experience in enterprise technology. She will focus on expanding Infor’s presence across Automotive, Industrial Manufacturing, Food & Beverage, Distribution, and other asset-intensive sectors while helping customers modernize operations through Industry Cloud, AI, and intelligent automation.

Quote from Yuka Kanemitsu

AI is transforming how businesses operate, but technology alone does not create value. Sustainable business transformation happens when organizations combine industry expertise, modern cloud technology, trusted data, and AI to improve how work gets done. Together with our customers and partners, we will help organizations modernize with confidence and create measurable business value.

Closing

Infor continues to invest in innovation across its Industry Cloud platform, embedding AI and automation into industry-specific applications that help organizations improve operational performance, accelerate decision-making, and achieve measurable business outcomes.

About Infor

Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries. Infor’s mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. Over 60,000 organizations in more than 175 countries rely on Infor’s 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.

Infor Communications: infor-pr@infor.com