Report
Konrad Zomer

Randstad : Not found its feet yet

>Downside risk persists as indicators point south - Randstad’s Q4 results were broadly in line with consensus estimates. Organic revenues declined by 8.6% which marks Q4 out as the weakest quarter of the year, while permanent placement (-26%, the worst decline since early 2020) is still trying to find a floor. Market conditions remain challenging as candidate confidence remains low and corporates remain reluctant to recruit. Another 3-4% cut in forecasts - ...
Underlying
Randstad NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Konrad Zomer

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