On the occasion of the publication of its annual results, Randstad announces its intention to redistribute around 632 million euros to its shareholders, including 406 million in ordinary dividends and 226 million in exceptional dividends.
However, the Dutch temporary employment group saw its net income fall by a third to 624 million euros in 2023, with underlying EBITA down 17% to 1.07 billion on revenues down 8% to 25.4 billion (-6% organic).
"The persistently difficult macroeconomic conditions we experienced in the fourth quarter resulted in weak hiring activity at our customers, conditions that have continued into early 2024", says Randstad.
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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%).