highlights
Q1 2022 organic growth: 15.2%
Q1 2022 underlying EBITA: € 286m
Q1 2022 EBITA margin: 4.3%

global market leadership expansion through scale and breadth of services, driving strong revenue growth across all geographies.

gross margin of 20.5%, up 130 bp YoY; gross profit mix reflecting a larger portion of high margin fee activities and a positive pricing environment.

EBITA margin up 60bp YoY; strong adaptability, with ICR of 30%.

record high perm and RPO activity levels; perm org. revenue +63% YoY, RPO org. revenue +125% YoY.

sound balance sheet; DSO of 51.8 and ROIC of 21.6%.

volumes in early April indicate a positive continuation of current trend; macro-economic uncertainties remain.


“Sander van ‘t Noordende, CEO of Randstad, said: “We have had a strong start to the year, with revenues up 15% and gross profit up 22%, underpinned by our diverse portfolio, scale and market leading insights. This market-leading growth was broad-based across geographies and segments, while our gross margin benefitted from both value based pricing and mix. We saw record high perm and RPO activity levels, while staffing revenue continued its strong momentum increasing by 14% against the same period last year.

The world of work is increasingly talent-led which means it is getting harder for customers to find the people they need. As a strategic talent partner, we offer clients access to a very diverse pool of talent while our digital investments and data give us capabilities to anticipate our customers’ needs, matching jobs with talent across geographies, services and sectors. I am excited to have joined a company with such a strong culture, where people are placed at the heart of everything we do.

The performance in the quarter gives us a strong platform for the remainder of the year, with volumes in early April indicating a positive continuation of the trends we have seen in the first quarter. We are confident that our broad range of services, global footprint and continued investment in our digital capabilities, positions us to benefit from the structural drivers underpinning the labor market. While there remains a high degree of macroeconomic uncertainty, our operational flexibility gives us the ability to respond quickly and effectively to changes in market conditions.” ”

ga voor meer info naar
https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4095583&lang=en-GB&companycode=nl-rand&v=ticker

tijd 09.55
De AEX 706.65 +7.48 +1.07% Randstad EUR 54,12 +1,60 vol. 135.000