Revenue of € 4,096 million; organic growth per working day -/-3.7%; June -/-2.6%
Strong cost control, annualized costs down by € 142 million
EBITA margin up from 3.1% to 3.6%
Net debt reduced by € 541 million (YoY), leverage ratio from 2.4 to 1.8
Net income up 73% to € 63 million
Diluted EPS of € 0.51 per ordinary share
Transaction with USG completed, targeting synergies of € 15-20 million
Message from the CEO
"Efficiency continued to improve in the second quarter", says Ben Noteboom, CEO of Randstad. "On operational performance, our people did an excellent job delivering more profit on a somewhat lower revenue base. This is the case for all lines of business. We amply fulfilled our commitment to reduce costs. The integration of the newly acquired USG staffing units is proceeding well. Our Randstad Sourceright offering continues to see strong growth in its spend under management. The month of June was robust, with growth in Spain, Portugal, Brazil and Hong Kong, as well as in Sweden, Norway, and Switzerland. We are confident that we will be able to maintain our discipline and we are ready to grasp commercial opportunities that may present themselves."

Analyst and press meeting
Today, at 10.00 CET Randstad Holding nv will host a combined analyst and press meeting at our head office in Diemen. The meeting will be accessible through a conference call and you can watch the meeting through real-time video webcast. The dial-in number is +31 (0) 20 796 52 13 or +44 (0)208 817 9301 for international participants. The confirmation code is 11042641. The link is http://www.ir.randstad.com/presentations.cfm. A replay of the presentation and the Q&A will also be available on our website by the end of the day.