highlights
gross profit +11% YoY, enabled by our diverse portfolio.

gross margin of 21.0%, up 110 bp YoY; driven by business mix and pricing discipline.

EBITA margin up 10bp YoY; opex as % of revenue down by 50bp QoQ to 16.2%.

strong growth in perm (+23%YoY) and RPO (+55% YoY), combined c. 21% of gross profit.

acquisition of the Finite Group in Australia & New Zealand, specialist in technology recruitment and IT services.

in early October, number of employees working marginally lower YoY.



"We have delivered another strong quarter, capturing profitable growth in Inhouse, Professionals, perm and RPO in all geographies." says CEO Sander van ‘t Noordende.


"While we have seen client activity moderate slightly, demand for talent remained solid in the quarter. Due to talent scarcity the relationship between employers and employees has changed significantly in recent years. In this new world of work, Randstad is increasingly the “partner of choice” for both talent and clients resulting in strong performance this quarter. We are pleased to have completed the acquisition of the Finite Group, which broadens our Technology proposition in Australia and New Zealand.


Whilst we are still vigilant to the elevated level of macroeconomic uncertainty we see in our markets, we are confident in our ability to navigate the current environment and remain laser focused on delivering for our talent and clients."


for more information
Bisera Grubesic - Director Investor Relations
or go to https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4177892&lang=en-GB&companycode=nl-rand&v=ticker