Prior to each closed period, Randstad hosts calls with the financial community to facilitate the consensus process. In compliance with the Market Abuse Regulation (MAR) and ESMA’s best practice guidance no share price sensitive information is provided and reference is only made to publicly available information. For example recent earnings and outlook, macro and market data.

The upcoming date for calls is December 19, 2024

Investors who wish to participate can contact investor.relations@randstad.com

analyst consensus

Q3 2024

€ mln Q1 2024A Q2 2024A Q3 2024E Q4 2024E FY 2024E FY 2025E
revenue
5,938
6,085
6,002
6,009
24,034
24,837
reported growth YoY
-8.9%
-5.9%
-4.1%
-3.0%
-5.5%
3.0%
organic growth per working day YoY
-7.8%
-7.5%
-5.6%
-3.6%
-6.0%
3.4%
gross profit
1,199
1,203
1,195
1,206
4,803
5,058
gross margin
20.2%
19.8%
19.9%
20.1%
20.0%
20.4%
operating expenses (before amortization / one-offs)
1,022
1,022
1,003
994
4,041
4,108
EBITA (before one-offs)
177
181
192
212
762
950
EBITA margin
3.0%
3.0%
3.2%
3.5%
3.2%
3.8%
net income (before amortization / one-offs)
123
118
130
143
515
657
EPS (before amortization / one-offs, diluted) €
0.69
0.67
0.73
0.81
2.91
3.71
  • Consensus is calculated by taking the simple average of the constituent analyst forecasts.
  • Each line is calculated independently, they may not be consistent with each other.
  • All figures exclude exceptional items.

updated and published on October 10th, 2024

  • Q3 2024: 10 analysts participated
  • FY 2024: 8 analysts participated
  • FY 2025: 9 analysts participated
  • range Q3 2024 EBITA estimate: 199m highest, 185m lowest

Disclaimer:

Randstad wishes to emphasize that the consensus estimate figures set out above are solely based on opinions, forecasts, estimates, projections and predictions regarding Randstad’s performance made by the external analysts. These consensus estimate figures do not in any way represent the opinions, forecasts, estimates, projections or predictions of Randstad or its management. Randstad does not express any opinion in respect of the analysts’ opinions, forecast, estimates projections and predictions, and does not by providing these consensus estimate figures imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations made or provided by such analysts. Randstad assumes no liability for the accuracy of such estimates and undertakes no obligation to update or revise such estimates.

IFRS 16

restated comparable tables

Randstad published restated comparable 2018 results for the IFRS 16 accounting change.

download the tables.