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continued strong momentum; record FY revenue of € 24.6bn, up 20% YoY.

15/02/2022

highlights


“We can look back on 2021 and be proud of what we have accomplished. Our positive momentum continued, allowing us to finish the year with record revenue, up 20% YoY and 5% ahead of 2019,” says CEO Jacques van den Broek. “As a result of our continued organic investments through #newways, we saw growth outperformance at unprecedented levels and generated a strong return on invested capital of 16.8% for the year. We delivered strong sector and regional performances across our portfolio, with market outperformance in the majority of our markets and significant growth in Perm and RPO. Talent scarcity and mismatches in the labor market remain the biggest challenges for our clients and we see that the traditional recruitment process is changing. However, by combining our advancing digital capabilities, with our data and passion for people, we continue to be able to meet demand and find the right talent for our clients at pace. We will continue to focus on seeing the possible in people, empowering them to realize their full potential. This year, we welcomed thousands of new colleagues - both virtually and more recently back in our branches - and I would like to thank them, and all our colleagues around the world for their enthusiasm, commitment and dedication which resulted in our strong performance. Although we must still exercise caution while pandemic-related instabilities and limited visibility remain, we come out of 2021 in a strong position with demonstrable ongoing momentum across our portfolio. In line with our existing capital allocation policy, we propose to our shareholders a total cash dividend of € 5.00 per ordinary share for 2021, which consists of a regular dividend of € 2.19 per ordinary share, and a special cash dividend of € 2.81 per ordinary share.””



video

watch our CEO’s video on this quarter’s news

annual report

download our annual report 2021



for more information

Bisera Grubesic - Director Investor Relations

bisera.grubesic@randstad.com or +31 6 2088 2592

 

Akshay Lachmandas - Investor Relations Officer

akshay.lachmandas@randstad.com or +31 6 2692 8529

 

Elise Martin Davies - Global Media Relations Lead

elise.martin-davies@randstad.com or +31 6 1322 5136

 

about Randstad

Randstad is the world's largest HR services provider and is driven to become the world's most valued 'working life partner', supporting as many people as possible in realizing their true potential throughout their working life. We provide companies with the high quality, diverse, and agile workforces they need while helping people get rewarding jobs and stay relevant in the ever-changing world of work. In 2021, we helped more than two million people find a job that is right for them, advised 235,000 clients on their HR needs, from talent acquisition to total workforce management, and delivered training to over 450,000 people. We use data and technology to provide the right advice at the right moment at scale, while our consultants across almost 5,000 locations in 38 markets give talent and clients personal, dedicated human attention. It is this combination of Tech and Touch that makes our offer unique. 


Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. In 2021, Randstad had on average 39,530 corporate employees and generated revenue of € 24.6 billion. Randstad N.V. is listed on the NYSE Euronext (symbol: RAND.AS). For more information, see www.randstad.com.



Attachments

Q4-2021-results-press-release.pdf