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Randstad: stock up on annual results

(CercleFinance.com) - The Randstad share is up over 2% in Amsterdam on Tuesday, after the HR services group published 2020 underlying EPS, which although down 39% at 2.
55 euros, is still better than the consensus.

The Dutch group saw its underlying EBITA margin slip 1.3 point to 3.3%, with revenues down 12% (both gross and organic) to just over 20.7 billion euros, in a context that has been dogged by the health crisis.

Randstad will propose a dividend of 3.24 euros per share for 2020, comprising an ordinary dividend of 1.62 euro and an extraordinary dividend of an equivalent amount, relating to the cancellation of the 2019 dividend that was decided on in March 2020.


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