FINANCIALS: Randstad reveals slight rise in revenues

Recruitment giant Randstad has seen group revenues increase 2% year-on-year in Q4 2018, buoyed by robust growth in its North American and Rest of the World operations.

Results for the period released this morning, reveal overall group revenue increased from €5.9bn (£5.1bn) to €6.1bn, while gross profit growth was flat – up from €1.202bn to €1.207bn.

In North America, revenue rose from €1.03bn to €1.11bn in Q4 2018, while the group’s ROW segment saw revenue increase 12% year-on-year from €477m to €507m buoyed by its China operation which saw revenues rise 31% on 2017.

In Europe, revenue was down 2% on the previous year – with revenue down 4% on Q4 2017 in France. However, revenue was up 5% in the UK on Q4 2017.

For the full year, the group saw revenue increase from €23.2bn to €23.8bn, with GP slightly down from €4.708bn to €4.703bn.

Expanding on the group’s performance, CEO Jacques van den Broek said the group finished the year with a “sound operating performance”.

“Our revenue was stable organically year-on year in Q4, reflecting robust sales growth in North America and ROW, but slowing activity in Europe in line with recent macro trends. Over the years, Randstad has increasingly become a truly global company, with more and more countries and regions throughout the world making significant contributions to our growth and profitability. In 2018, Japan, Australia, Singapore, and also the Latin American region, were particularly strong performers.”

• 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 [email protected]

FINANCIALS: Staffline results exceed market expectations

Recruitment group Staffline has announced a strong performance for the year ended 31 December 2024.

Financials 8 April 2025

FINANCIALS: Gattaca bucks trend in first half of 2025

Engineering and infrastructure recruiter Gattaca has reported a “robust” financial performance for the first half of 2025.

Financials 7 April 2025

FINANCIALS: Hays posts mixed six-month results

Hays group net fees dropped by 13% to £496m in the six months ended 31 December 2024, with temporary recruitment and contracting falling by 9% and permanent recruitment by 19%.

Financials 24 February 2025

$6m-valued AI start-up Alfa AI plans to revolutionise recruitment

An AI recruitment start-up has secured more than $625,000 (£494,500) to place the company at a valuation of $6m.

Contracts 24 February 2025
Top