Randstad: Q3 revenues and profit down

(CercleFinance.com) - Recruitment agency Randstad has reported Q3 adjusted net profit of E190m, down 22%, with underlying EPS of E1.
04, down 21%.

Underlying EBITDA fell in similar proportions (-19%) to E273m, while quarterly revenues were down11% to E6,260m.

In Q4 this year the company expects its gross margin and operating costs to be broadly in line sequentially.

In short it says that visibility remains limited and that it is cautious,continuing to work on scenario planning.


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