Report
Konrad Zomer

Randstad : Strong momentum seems to have continued in 1Q21

>Strong momentum seems to have continued - Randstad is set to reports its 1Q21 results on 21 April, and we had a call with the company earlier this week. Management already indicated last month that January volumes were back at pre-pandemic levels, and that momentum continued to improve. We believe the rapid revenue recovery also continued into February. With revenues down more than 30% in the last two weeks of March 2020, the comparables for March 2021 are easy. We b...
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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