Randstad Holding delivered satisfactory organic revenue growth (in line with expectation) driven by all geographic areas except for Belgium (large account losses), a slight improvement in the underlying EBITA margin and ended Q1 16 with low net debt. Q1 16 revenue and earnings Revenue was €4,701m (+6%). The overall growth rate included a positive perimeter effect of 1.7% related to the integration of Proffice (contribution of €68m). Organic revenue per working day increased by 5% (v
26 Apr 2016
In line with expectation
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In line with expectation
Randstad NV (RAND:WBO) | 0 0 (-0.8%) | Mkt Cap: 10,747m
- Published:
26 Apr 2016 -
Author:
Hélène Coumes -
Pages:
3
Randstad Holding delivered satisfactory organic revenue growth (in line with expectation) driven by all geographic areas except for Belgium (large account losses), a slight improvement in the underlying EBITA margin and ended Q1 16 with low net debt. Q1 16 revenue and earnings Revenue was €4,701m (+6%). The overall growth rate included a positive perimeter effect of 1.7% related to the integration of Proffice (contribution of €68m). Organic revenue per working day increased by 5% (v