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Randstad Holding NV (RAND.AS)

RAND.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Randstad sees 2017 EBITDA margins around 4.6 pct, rising in 2018
Tuesday, 21 Nov 2017 01:25am EST 

Nov 21 (Reuters) - Randstad Holding Nv :Randstad: "comfortable" with estimates of 4.6 percent EBITDA margin for 2017.Randstad sees 90-100 million euros in saving annually by 2019.Randstad: sees progress toward long term EBITDA margin goal of 5-6 percent.Randstad: October, November revenue growth so far in line with Q3 growth of 9 percent.Randstad: 2018 m&a activity will be "limited".  Full Article

Randstad holding Q3 underlying EBITA in line with Reuters poll
Tuesday, 24 Oct 2017 01:33am EDT 

Oct 24 (Reuters) - RANDSTAD HOLDING NV ::Q3 UNDERLYING EBITA EUR 288‍​ MILLION VERSUS EUR 288 MILLION IN REUTERS POLL.Q3 REVENUE OF € 5,872 MILLION; ORGANIC GROWTH +9.0%; GROSS PROFIT UP 7.7% ‍​.Q4 GROSS MARGIN IS EXPECTED TO BE STABLE SEQUENTIALLY‍​.THERE WILL BE AN ADVERSE 0.5 WORKING DAY IMPACT IN Q4 2017..M&A ACTIVITY WILL BE LIMITED IN THE COMING QUARTERS.Q3 UNDERLYING EBITA OF € 288 MILLION; EBITA MARGIN 4.9%‍​.DEVELOPMENT OF VOLUMES IN EARLY OCTOBER BROADLY INDICATE A CONTINUATION OF THE Q3 GROWTH RATE.FOR Q4, OPERATING EXPENSES ARE EXPECTED TO BE STABLE SEQUENTIALLY‍​.Q3 ADJUSTED NET INCOME EUR ‍​ 201.9 MILLION VERSUS EUR 192.5 MILLION YEAR AGO.Q3 REUTERS POLL: REVENUE EUR 5.91 BILLION; ADJUSTED NET INCOME EUR 207 MILLION; UNDERLYING EBITA EUR 288 MLN‍​.  Full Article

Randstad Holding and Montage announce global partnership
Wednesday, 11 Oct 2017 01:45am EDT 

Oct 11(Reuters) - RANDSTAD HOLDING NV ::ANNOUNCED ON TUESDAY THAT IT HAS SELECTED MONTAGE FOR TECHNOLOGY CONTRACT TO UTILIZE TECHNOLOGY TO ENHANCE RECRUITER PERFORMANCE AND PROVIDE THE DIGITAL EXPERIENCE MODERN CANDIDATES EXPECT.PLANS TO USE MONTAGE PLATFORM ACCROSS ALL LOCATIONS AND BUSINESS UNITS .  Full Article

Livehire signs agreement with Randstad to launch talent community in Singapore
Monday, 31 Jul 2017 09:34pm EDT 

Aug 1 (Reuters) - Livehire Ltd :Randstad signs agreement with Livehire to launch a talent community in Singapore.  Full Article

Randstad Holding Q2 revenue rises to 5.9 bln euros
Tuesday, 25 Jul 2017 03:10am EDT 

July 25 (Reuters) - Randstad Holding NV ::Q2 2017: EUROPE GAINING FURTHER MOMENTUM.Q2 UNDERLYING EBITA OF € 262 MILLION; EBITA MARGIN 4.5% (INCLUDING -/- 50BP DIGITAL INVESTMENTS AND WORKING DAY IMPACT).Q2 REVENUE OF € 5,866 MILLION; ORGANIC GROWTH +9.3%; GROSS PROFIT UP 7.9%.Q2 GROSS MARGIN 20.4%; UNDERLYING GROSS MARGIN STABLE YOY; PERM FEES UP 7%.Q3 GROSS MARGIN IS EXPECTED TO BE SLIGHTLY DOWN SEQUENTIALLY.‍​.Q2 REUTERS POLL: REVENUE EUR 5.83 BILLION; UNDERLYING EBITA EUR 264 MILLION, ADJUSTED NET PROFIT EUR 190 MILLION.FOR Q3, OPERATING EXPENSES ARE EXPECTED TO BE LOWER SEQUENTIALLY ON AN ORGANIC BASIS. ‍​.IN Q2 2017, ADJUSTED NET INCOME ROSE BY 6% YOY TO € 181 MILLION.THERE WILL BE AN ADVERSE 1 WORKING DAY IMPACT IN Q3 2017. ‍​.  Full Article

Randstad Holding Q1 revenue up at 5.56 billion euros
Tuesday, 25 Apr 2017 01:17am EDT 

April 25 (Reuters) - Randstad Holding Nv ::Q1 revenue of 5.56 billion euros ($6.04 billion); organic growth 6.4 percent; gross profit up 6.4 percent .March organic sales growth in line with Q1; volumes in early April indicate a continuation of trend.Q1 underlying ebita of eur 209 million (+16 percent organically); EBITA margin up 20bp yoy to 3.8 percent.Q1 adjusted net income up 21% to eur 148 million; fcf of eur 120 million (+ 91% YOY).Q1 gross margin 20.4 percent; underlying gross margins stable YOY.Says All acquisitions well on track.Says Monster transition in full swing.Says momentum in Europe remained favorable and North American business continues to grow.For Q2 , expects a moderate increase in underlying operating expenses sequentially, mainly driven by extra marketing investments for monster.Continues to expect M&A activity to be limited in 2017.  Full Article

Randstad Holding Q4 adjusted net income rises to 202.7 million euros
Tuesday, 14 Feb 2017 01:24am EST 

Randstad Holding NV : Q4 revenue 5.53 billion euros versus 5.37 billion euros in reuters poll . Topline growth accelerated in europe and rest of the world, remained positive in north america . Q4 underlying EBITA 268 million euros versus 256 million euros in reuters poll . Q4 gross margin 20.0 pct (excluding. monster: 18.8 pct, down 10bp yoy); perm fees up 4 pct . Proposed all-cash dividend of 1.89 euros (up 13 pct); record high; dividend policy fine-tuned . Comfortable leverage ratio of 0.8 (versus. 0.2 last year) . Q4 adjusted net income (holders of ordinary shares) 202.7 million euros versus 174 million euros in reuters poll . Gross margin in Q1 2017 is expected to decline slightly year-on-year (on an organic basis) . Expects for Q1 2017 largely stable underlying operating expenses sequentially (on an organic basis) . Expects M&A activity to be limited in 2017 .In January, revenue grew by 5 pct−6 pct. Volumes in early February indicate a continuation of the trend..  Full Article

Randstad Holding's unit gains control of Ausy through cash tender offer
Wednesday, 25 Jan 2017 09:15am EST 

Randstad Holding NV : Randstad France, co's French unit, gains control of Ausy through successful cash tender offer . Randstad France to hold nearly 93 pct of outstanding Ausy shares .Ausy will become an operational subsidiary of co as of January 31, 2017.  Full Article

AMF approved Randstad France's voluntary takeover bid for Ausy
Thursday, 15 Dec 2016 03:00am EST 

Randstad Holding NV :Randstad France announced that its voluntary takeover bid for Ausy has been approved by the French Autorité des Marchés Financiers (AMF).  Full Article

Randstad extends tender offer to acquire Monster Worldwide
Friday, 23 Sep 2016 09:05am EDT 

Randstad Holding NV : Randstad extends tender offer to acquire monster worldwide to coordinate offer timing with EU regulatory review schedule .Offer is now scheduled to expire on October 28, 2016 at 12:00 midnight, New York City time.  Full Article

6th Circuit says some Randstad employees may be owed overtime

A U.S. appeals court on Monday agreed with staffing firm Randstad that its employees who recruit and place workers are exempt from overtime pay, but said other employees who are primarily engaged in sales and marketing may not be.