FINANCIALS: Randstad posts double-digit increase in revenues

Recruitment giant Randstad has posted a 13% increase in annual revenues, according to its full-year 2017 results.

The full-year results, released this morning, reveal revenue rose from €20.6bn (£18.2bn) to €23.2bn, with gross profit up from €3.9bn to €4.7bn.

The group also released results for Q4 2017 showing revenue rose from €5.5bn to €5.9bn year on year, with GP up from €1.1bn to €1.2bn over the same period.

On the previous quarter, revenue was up 1% in North America and 10% in the Rest of the World and up 11% in Europe, with revenue up 12% in France, up 26% in Italy, up 15% in Iberia and up 11% in the UK.

Randstad CEO Jacques van den Broek said the group was proud to have outperformed in its most relevant markets. “We finished the year on a strong note, despite markedly tougher comparables. 

“We aim to gain further marketshare, driven by our differentiating Tech & Touch strategy, lifting the barriers to entry… The digital transformation we are going through as a company culminated in the launch of our new brand promise in the last quarter of 2017: Human Forward.”

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

Start-up of the Month: Talentful

Co-founders Chris Abbass (above) and Philip Blaydes launched tech sector recruitment agency Talentful to solve the in-house recruitment problems both were experiencing.

New to Market 13 February 2018

NEW TO THE MARKET: 12-16 FEBRUARY 2018

This week’s launches include: APSCo, ClickMechanic, Computer Recruiter, Guidant Group, ITS, Recite Me, TFS Healthcare, Uncommon.co

New to Market 13 February 2018

CONTRACTS & DEALS: 12-16 FEBRUARY 2018

This week’s contracts & deals: Berry Recruitment, Bullhorn, Crown World Mobility, Educate Resourcing, Jobshop UK, PageGroup, Spider, Templine Employment Agency, The Curve Group, The Daisy Chain, Thunderhead, TXM Recruit, Uniting Ambition, Viventis Search Asia

Contracts 12 February 2018

White gets APSCo accreditation at Right Time

Recruiter James White, the joint winner of last year’s Apprentice, has finally achieved APSCo accreditation after telling porkies about being APSCo-accredited during the interview process in last year’s competition.

Lighter Side 9 February 2018
Top