analyst consensus
Q3 2024
-
revenue
- € mln revenue
- Q1 2024A 5,938
- Q2 2024A 6,085
- Q3 2024E 6,002
- Q4 2024E 6,009
- FY 2024E 24,034
- FY 2025E 24,837
-
reported growth YoY
- € mln reported growth YoY
- Q1 2024A -8.9%
- Q2 2024A -5.9%
- Q3 2024E -4.1%
- Q4 2024E -3.0%
- FY 2024E -5.5%
- FY 2025E 3.0%
-
organic growth per working day YoY
- € mln organic growth per working day YoY
- Q1 2024A -7.8%
- Q2 2024A -7.5%
- Q3 2024E -5.6%
- Q4 2024E -3.6%
- FY 2024E -6.0%
- FY 2025E 3.4%
-
gross profit
- € mln gross profit
- Q1 2024A 1,199
- Q2 2024A 1,203
- Q3 2024E 1,195
- Q4 2024E 1,206
- FY 2024E 4,803
- FY 2025E 5,058
-
gross margin
- € mln gross margin
- Q1 2024A 20.2%
- Q2 2024A 19.8%
- Q3 2024E 19.9%
- Q4 2024E 20.1%
- FY 2024E 20.0%
- FY 2025E 20.4%
-
operating expenses (before amortization / one-offs)
- € mln operating expenses (before amortization / one-offs)
- Q1 2024A 1,022
- Q2 2024A 1,022
- Q3 2024E 1,003
- Q4 2024E 994
- FY 2024E 4,041
- FY 2025E 4,108
-
EBITA (before one-offs)
- € mln EBITA (before one-offs)
- Q1 2024A 177
- Q2 2024A 181
- Q3 2024E 192
- Q4 2024E 212
- FY 2024E 762
- FY 2025E 950
-
EBITA margin
- € mln EBITA margin
- Q1 2024A 3.0%
- Q2 2024A 3.0%
- Q3 2024E 3.2%
- Q4 2024E 3.5%
- FY 2024E 3.2%
- FY 2025E 3.8%
-
net income (before amortization / one-offs)
- € mln net income (before amortization / one-offs)
- Q1 2024A 123
- Q2 2024A 118
- Q3 2024E 130
- Q4 2024E 143
- FY 2024E 515
- FY 2025E 657
-
EPS (before amortization / one-offs, diluted) €
- € mln EPS (before amortization / one-offs, diluted) €
- Q1 2024A 0.69
- Q2 2024A 0.67
- Q3 2024E 0.73
- Q4 2024E 0.81
- FY 2024E 2.91
- FY 2025E 3.71
| € 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 based on averages
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
IFRS 16
restated comparable tables
Randstad published restated comparable 2018 results for the IFRS 16 accounting change.