This quarter's results beat expectations, underpinned by strong R&B growth and margin expansion driven by cost discipline.

Organic growth 5%, adjusted EPS $3.35 (+17% YoY), operating margin 19.5% (+100bp expansion).

R&B grew 7%, HWC grew 4%, and Health grew 8%. The Propel AI initiative was launched with a $625 million investment, expected to deliver $400 million in savings and net savings of $350 million.

Maintained mid-single-digit growth guidance for 2026; raised the 2028 margin target to approximately 30%, with HWC at ~35% and R&B at ~30%.

Highlights: accelerating AI adoption and smooth Newfront integration; Risks: Middle East project revenue declined nearly 50%, and the Career business remains under pressure.