note: all numbers are presented based on IFRS 16, including the restated comparatives for 2018.
highlights
"Our Q1 2019 results marked a strong start to the year, as improving gross margins and agile cost management fuelled further EBITA margin progression," says CEO Jacques van den Broek. "Our organic revenue growth stabilized at a positive level, with market share gains in the Netherlands, Belgium and Germany, while growth in France returned to market level. Our strong regional diversification continued to pay off, as Japan, Australia, India and the Latin America region delivered significant contributions to our growth and profitability. Furthermore, our digital strategy is successfully progressing. Workforce scheduling and Youplan are now rolled out in 13 countries and increasingly contributing to sales growth. Our pricing tools are increasingly used by our consultants, further driving the productivity and profitability of the group."
"This year we are celebrating our 15 year partnership with VSO (Voluntary Service Overseas), the world’s leading development NGO that fights poverty through volunteers. Together we improve the employability of poor and marginalized people. In our projects in India and Tanzania last year, we touched the lives of more than 4,000 people with a disability and unemployed youth. This is one of the ways we contribute to our ultimate goal: touching the work lives of 500 million people worldwide by 2030."
for more information
David Tailleur / Ingrid Pouw
+31 (0)20 569 5940
about Randstad
Randstad is the global leader in the HR services industry. We support people and organizations in realizing their true potential. We do this by combining the power of today’s technology with our passion for people. We call it Human Forward. Our services range from regular temporary Staffing and permanent placements to Inhouse Services, Professionals, and HR Solutions, including Recruitment Process Outsourcing, Managed Services Programs and outplacement. Randstad is active in 38 countries around the world and has top-three positions in almost half of these. In 2018, Randstad had on average 38,820 corporate employees and 4,826 branches and Inhouse locations. In 2018, Randstad generated revenue of € 23.8 billion and holds the world’s number one position in its industry since November 2018. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad N.V. is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information, see https://www.randstad.com/.
_________________________________________
