AMSTERDAM, April 24 (Reuters) - Netherlands-based Randstad , which rivals Switzerland’s Adecco as the largest global staffing company, on Wednesday posted better-than-expected first quarter earnings, citing stabilising European markets.
Randstad said its underlying earnings before interest taxation and amortisation (EBITA) rose 2 percent to 227 million euros ($255 million) in the first three months of the year.
Analysts polled by the company had on average expected EBITA of 207 million euros, down from 217 a year earlier.
$1 = 0.8917 euros Reporting by Anthony Deutsch; Editing by Rashmi Aich
Our Standards: The Thomson Reuters Trust Principles.