Randstad : Declining perm fee income could seriously impact group EBITA
>Group EBITA could drop by 13%-16% if perm fee income returns to normal levels - Permanent placement fees may only represent 2.7% of Randstad’s group revenues (3Q 2022), they represent between 8% and 13% of group gross profit, as its gross margins are close to 100%. Post the pandemic, markets like North America, France, Germany and the Benelux have experienced high demand for skilled labour, which combined with a structural lack of labour supply is leading to wage inf...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.