Financial Results
published on Oct 29, 2015
Report Overview:
Report Outline:
Randstad has announced results for Q3 2015, the quarter ended September 30, 2015:
- Revenues were €4,976.9m, up 10.2% y/y (+5% organic)
- Operating income was €215.7m, a margin of 4.3%, up 62 bps from a margin of 3.7% achieved in Q3 2014.
Revenue by geography (with NelsonHall estimates of y/y growth) was:
- North America €1,175m (+21.8%) (+4% organic)
- France €753m (+3.5%) (+3% organic)
- Netherlands €790m (+9.5%) (+10% organic)
- Germany €527m (+1.8%) (+2% organic)
- Belgium/Luxembourg €363m (+2.6%) (+1% organic)
- U.K. €227m (+11.6%) (+1% organic)
- Iberia €320m (+9.9%) (+8% organic)
- Other European countries €412m (+15.1%) (+11% organic)
- Rest of world €410m (+8.3%) (+11% organic).
Revenue by service type (with NelsonHall estimates of y/y growth) was:
- Staffing €2,918m (+8.9%) (+5% organic)
- In-house services €1,090m (+13.7%) (+9% organic)
- Professionals €969m (+10.5%) (+4% organic).