Randstad : A sound performance in tough market circumstances
>EBITA 2% above consensus, some stabilisation in challenging markets - In Q3, Randstad reported organic revenue growth of -5.9% (consensus: -5.6%, we at -6.6%) with revenues at € 6,015m (css: € 6,002m, we at € 5,834m). Adjusted EBITA declined 28% in Q3 at €196m, which was 2% above consensus at € 192m (we at € 195m). Both the gross margin as well as the adjusted EBITA margin declined 110bps YoY. Temp fees had a 60bps negative impact on the gross margin and perm fees a ...Randstad is a global staffing and recruitment company, providing various solutions in the human resources (HR) services space. Co.'s services include regular temporary staffing and permanent placement of candidates. In addition, Co. provides several other HR solutions, such as Recruitment Process Outsourcing (RPO), Managed Services Programs (MSP), payroll services, and outplacement. Co. provides four distinct service concepts: Staffing, Inhouse Services, Professionals and HR Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.