Revenue of € 4,995 million; organic growth +6.6%; gross profit up 6.9%
Topline growth accelerated in France and remained stable in North America
Gross margin up 20 bp to 18.9%; perm fees up 13%, now 9.7% of gross profit (vs. 9.2% last year)
Underlying EBITA of € 245 million (+18% organically); EBITA margin up 50 bp to 4.9%; organic FY ICR of 52%
Adjusted net income up 55% to € 193 million; ROIC at 18.8% (vs. 15.8% last year)
DSO improved to 50.7 (from 51.7 in Q4 2014); leverage ratio of 0.2 (vs. 0.5 last year)
Proposed cash only dividend of € 1.68 (up 30%); record high; 50% payout
January growth of +6.6%
FY 2015 EBITA margin of 4.5% (+40 bp YoY), in line with 4.4-4.6% guidance range
'The dedication and commitment of our people resulted in a solid fourth quarter, in which we are pleased to see our top line accelerating in Europe.' says Randstad CEO Jacques van den Broek 'I am proud that, given the ongoing uncertain macro environment, we have achieved a 4.5% EBITA margin in 2015, in line with our guidance. Furthermore, we welcome all employees of the Proffice Group to Randstad and look forward to creating a leading player in the Nordics. Lastly, we have strengthened the continuity agreement with our founder Frits Goldschmeding, safeguarding the heritage and the values bestowed on us, now and in the future.'
For more information, please contact: Machteld Merens/Arun Rambocus, telephone: +31 (0)20 569 56 23
Randstad Holding NV issued this content on 18 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 February 2016 06:24:23 UTC
Original Document: http://www.ir.randstad.com/news-and-events/press-releases/pr-2016/2016-02-18.aspx
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. 
