Revenue of € 4,268 million; organic growth per working day + 4.5%
Perm fees up 13% in Q2, highest level since Q4 2008
US back to growth in Q2; the Netherlands back to growth in June
70% conversion of incremental gross profit into EBITA
Underlying EBITA increased by 19% to € 174.1 million, EBITA margin up from 3.6% to 4.1%
Net debt of € 878 million: leverage ratio of 1.3
Net income up 49% from € 63 million to € 94 million
"Our markets continued their gradual recovery" says Jacques van den Broek, CEO of Randstad. "The Inhouse and Sourceright businesses in particular enjoyed good growth. Both are good examples of solutions that help our clients with their total talent architecture. Our people did very well in growing our business in US staffing, Poland, Italy, Switzerland, and in China. The combination of their diligent execution and entrepreneurship pays off. We have also made good progress in the Netherlands where we returned to growth. Our strategic focus on permanent placements returned the highest level of fees since Q4 2008. With a continued focus on efficiency improvements, and a keen eye for growth opportunities and innovation, we face the future with confidence."
Read the full press release
For more information, please contact: Machteld Merens/Arun Rambocus, telephone: +31 (0)20 569 5623
Randstad N.V. is the world's No. 1 of human resources services. Net sales break down by activity as follows:
- generalist staff placement outside the classic sectors (45.4%): primarily administrative, light industry, logistics staff, etc.;
- generalist staff placement from onsite agencies (25.3%): primarily for clients in the consumer goods, automotive, life sciences and other industries;
- specialized staff placement (23.8%): primarily high-level and experienced professionals in the fields of IT, engineering, business, health, etc. In addition, the group offers services for the permanent staff of its clients (outplacement services, reintegration and salary management);
- other (5.5%).
At the end of 2023, the group had 2,761 branches worldwide.
Net sales are distributed geographically as follows: the Netherlands (12.7%), the United States (18.8%), France (15.1%), Italy (8.5%), Germany (7.4%), Belgium (6%), Spain (5%), Australia (4.6%), the United Kingdom (4.3%), Japan (3.2%), Canada (2.3%), Switzerland (1.9%), India (1.5%), Portugal (1.3%), Poland (1.2%), Sweden (1.2%) and other (5%).
RANDSTAD N.V. 
