These are challenging times for staffers, but Randstad’s strong market position gives us comfort.
Recruitment giant Randstad delivered a reasonable set of full-year numbers, with organic revenue growth rising by a whopping 8%, and unadjusted EBIT margins flat year over year. Positively, the exit rate margin in the fourth quarter was 30 basis points higher than a year earlier. These numbers were broadly in line with our expectations, and as such, we do not expect to make any material changes to our forecasts, nor to our EUR 56 fair value estimate, which should increase by something in the reg...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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