Announcement • Feb 12
Randstad N.V. announces Annual dividend, payable on April 08, 2026 Randstad N.V. announced Annual dividend of EUR 1.6200 per share payable on April 08, 2026, ex-date on March 31, 2026 and record date on April 01, 2026. Announcement • Oct 23
Randstad N.V., Annual General Meeting, Mar 27, 2026 Randstad N.V., Annual General Meeting, Mar 27, 2026. Announcement • Feb 20
Randstad N.V. announces Annual dividend, payable on April 02, 2025 Randstad N.V. announced Annual dividend of EUR 1.6200 per share payable on April 02, 2025, ex-date on March 28, 2025 and record date on March 31, 2025. Announcement • Oct 24
Randstad N.V. (ENXTAM:RAND) agreed to acquire B.V. Zorgwerk. Randstad N.V. (ENXTAM:RAND) agreed to acquire B.V. Zorgwerk on October 22, 2024. The transaction is subject to consultation with employee representative bodies and to clearance by the Netherlands Authority for Consumers and Markets (ACM). Parties aim to complete the transaction in the coming period. The acquisition strengthens Randstad’s position as a leading talent provider in the growing healthcare and care sector. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: €0.59 (vs €0.93 in 3Q 2023) Third quarter 2024 results: EPS: €0.59 (down from €0.93 in 3Q 2023). Revenue: €6.02b (down 3.9% from 3Q 2023). Net income: €106.0m (down 37% from 3Q 2023). Profit margin: 1.8% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Announcement • Oct 23
Randstad N.V., Annual General Meeting, Mar 26, 2025 Randstad N.V., Annual General Meeting, Mar 26, 2025. Upcoming Dividend • Sep 19
Upcoming dividend of €1.27 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 01 October 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.2%). Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: €0.43 (vs €0.74 in 2Q 2023) Second quarter 2024 results: EPS: €0.43 (down from €0.74 in 2Q 2023). Revenue: €6.09b (down 5.9% from 2Q 2023). Net income: €76.0m (down 44% from 2Q 2023). Profit margin: 1.2% (down from 2.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: €0.48 (vs €0.83 in 1Q 2023) First quarter 2024 results: EPS: €0.48 (down from €0.83 in 1Q 2023). Revenue: €5.94b (down 8.9% from 1Q 2023). Net income: €86.0m (down 43% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of €2.28 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 04 April 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.4%). Declared Dividend • Feb 16
Dividend of €2.28 announced Shareholders will receive a dividend of €2.28. Ex-date: 28th March 2024 Payment date: 4th April 2024 Dividend yield will be 4.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: €3.45 (vs €5.04 in FY 2022) Full year 2023 results: EPS: €3.45 (down from €5.04 in FY 2022). Revenue: €25.4b (down 7.8% from FY 2022). Net income: €616.0m (down 33% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: €0.93 (vs €1.25 in 3Q 2022) Third quarter 2023 results: EPS: €0.93 (down from €1.25 in 3Q 2022). Revenue: €6.26b (down 11% from 3Q 2022). Net income: €168.0m (down 26% from 3Q 2022). Profit margin: 2.7% (down from 3.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Randstad Unveils Its New Office at the Horizon, a Premier Commercial Centre Located at Bangsar South Randstad unveiled its new office at The Horizon, a premier commercial centre located at Bangsar South. Located within MSC Malaysia Cybercentre @ Bangsar South City, Randstad Malaysia's new office features a spacious area of 9,629 square feet to cater to the growing demands of Malaysia's talent market, and establish itself as an innovative force in the industry, reshaping the future of work and talent acquisition. Randstad Malaysia's new office boasts an array of purpose-built spaces, including discussion booths, phone pods, collaboration spaces, chillout spaces as well as an open event space for town halls and employee events. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: €0.74 (vs €1.06 in 2Q 2022) Second quarter 2023 results: EPS: €0.74 (down from €1.06 in 2Q 2022). Revenue: €6.47b (down 6.1% from 2Q 2022). Net income: €137.0m (down 29% from 2Q 2022). Profit margin: 2.1% (down from 2.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Randstad N.V. (ENXTAM:RAND) agreed to acquire CTC EXTERNALIZACIÓN S.L.U. from Portobello Capital Gestión, SGEIC, S.A. Randstad N.V. (ENXTAM:RAND) signed an agreement to acquire CTC EXTERNALIZACIÓN S.L.U. from Portobello Capital Gestión, SGEIC, S.A. on July 12, 2023. The enterprise value of the acquisition is €80.5 million. In 2022, Grupo CTC reported a revenue of €230 million. The completion of the transaction is subject to several conditions, which parties expect to be fulfilled in the coming weeks. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: €0.83 (vs €1.13 in 1Q 2022) First quarter 2023 results: EPS: €0.83 (down from €1.13 in 1Q 2022). Revenue: €6.52b (down 1.6% from 1Q 2022). Net income: €152.0m (down 27% from 1Q 2022). Profit margin: 2.3% (down from 3.1% in 1Q 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of €2.85 per share at 5.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 04 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%). Recent Insider Transactions • Mar 16
CFO & Member of Executive Board recently sold €189k worth of stock On the 10th of March, Henry Schirmer sold around 3k shares on-market at roughly €61.95 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €875k. Henry has been a net seller over the last 12 months, reducing personal holdings by €115k. Recent Insider Transactions • Feb 23
COO & Member of the Executive Board recently sold €875k worth of stock On the 15th of February, Chris Heutink sold around 15k shares on-market at roughly €59.92 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Chris has been a net seller over the last 12 months, reducing personal holdings by €742k. Buying Opportunity • Feb 18
Now 23% undervalued Over the last 90 days, the stock is up 7.4%. The fair value is estimated to be €75.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 9.1% per annum over the same time period. Reported Earnings • Feb 14
Full year 2022 earnings released Full year 2022 results: Revenue: €27.6b (up 12% from FY 2021). Net income: €929.0m (up 22% from FY 2021). Profit margin: 3.4% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Professional Services industry in Europe. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: €1.25 (vs €1.07 in 3Q 2021) Third quarter 2022 results: EPS: €1.25 (up from €1.07 in 3Q 2021). Revenue: €7.05b (up 12% from 3Q 2021). Net income: €228.0m (up 16% from 3Q 2021). Profit margin: 3.2% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Oct 27
Randstad N.V. to Report Q3, 2023 Results on Oct 24, 2023 Randstad N.V. announced that they will report Q3, 2023 results on Oct 24, 2023 Upcoming Dividend • Sep 22
Upcoming dividend of €2.81 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 48% and the cash payout ratio is 79%. Trailing yield: 11%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.8%). Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: €1.06 (vs €0.95 in 2Q 2021) Second quarter 2022 results: EPS: €1.06 (up from €0.95 in 2Q 2021). Revenue: €6.89b (up 13% from 2Q 2021). Net income: €194.0m (up 12% from 2Q 2021). Profit margin: 2.8% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: €1.13 (vs €0.82 in 1Q 2021) First quarter 2022 results: EPS: €1.13 (up from €0.82 in 1Q 2021). Revenue: €6.62b (up 20% from 1Q 2021). Net income: €207.0m (up 37% from 1Q 2021). Profit margin: 3.1% (up from 2.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.6%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Mar 24
Upcoming dividend of €2.19 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 05 April 2022. Payout ratio is a comfortable 53% and the cash payout ratio is 77%. Trailing yield: 8.4%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.2%). Buying Opportunity • Mar 08
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €67.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7% per annum over the last 3 years. Recent Insider Transactions • Feb 18
Chairman of the Executive Board & CEO recently sold €2.6m worth of stock On the 16th of February, Jacques van den Broek sold around 40k shares on-market at roughly €65.21 per share. This was the largest sale by an insider in the last 3 months. Jacques has been a seller over the last 12 months, reducing personal holdings by €4.4m. Reported Earnings • Feb 16
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €4.13 (up from €1.62 in FY 2020). Revenue: €24.6b (up 19% from FY 2020). Net income: €760.0m (up 157% from FY 2020). Profit margin: 3.1% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 5.4%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Oct 22
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.28b (up 21% from 3Q 2020). Net income: €199.0m (up 93% from 3Q 2020). Profit margin: 3.2% (up from 2.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 17
Upcoming dividend of €1.62 per share Eligible shareholders must have bought the stock before 24 September 2021. Payment date: 04 October 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.8%). Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS €0.95 (vs €0.32 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €6.08b (up 37% from 2Q 2020). Net income: €174.0m (up €233.0m from 2Q 2020). Profit margin: 2.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 25
Chairman of the Executive Board & CEO recently sold €1.8m worth of stock On the 21st of April, Jacques van den Broek sold around 30k shares on-market at roughly €61.44 per share. This was the largest sale by an insider in the last 3 months. Jacques has been a seller over the last 12 months, reducing personal holdings by €3.6m. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS €0.82 (vs €0.26 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €5.53b (up 2.1% from 1Q 2020). Net income: €151.0m (up 221% from 1Q 2020). Profit margin: 2.7% (up from 0.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Executive Departure • Mar 26
Vice Chairman of Supervisory Board Jaap Winter has left the company On the 23rd of March, Jaap Winter's tenure as Vice Chairman of Supervisory Board ended after 10.0 years in the role. We don't have any record of a personal shareholding under Jaap's name. A total of 3 executives have left over the last 12 months. Upcoming Dividend • Mar 18
Upcoming Dividend of €1.62 Per Share Will be paid on the 6th of April to those who are registered shareholders by the 25th of March. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (2.1%). Recent Insider Transactions • Feb 14
Chairman of the Executive Board & CEO recently sold €1.7m worth of stock On the 9th of February, Jacques van den Broek sold around 31k shares on-market at roughly €55.32 per share. This was the largest sale by an insider in the last 3 months. This was Jacques' only on-market trade for the last 12 months. Is New 90 Day High Low • Feb 11
New 90-day high: €55.78 The company is up 13% from its price of €49.55 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €90.83 per share. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS €1.62 (vs €3.24 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €20.7b (down 13% from FY 2019). Net income: €304.0m (down 49% from FY 2019). Profit margin: 1.5% (down from 2.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.5%, compared to a 4.1% growth forecast for the Professional Services industry in Germany. Is New 90 Day High Low • Jan 07
New 90-day high: €55.20 The company is up 19% from its price of €46.48 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €89.55 per share. Is New 90 Day High Low • Dec 12
New 90-day high: €54.16 The company is up 21% from its price of €44.73 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €82.26 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 17% share price gain to €51.62, the stock is trading at a trailing P/E ratio of 36.8x, up from the previous P/E ratio of 31.4x. This compares to an average P/E of 27x in the Professional Services industry in Europe. Total returns to shareholders over the past three years are 18%. Is New 90 Day High Low • Nov 11
New 90-day high: €51.62 The company is up 16% from its price of €44.55 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €71.14 per share. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of €254.0m, down 59% from the prior year. Total revenue was €21.0b over the last 12 months, down 12% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 2.1% at €5.17b. Revenue is forecast to grow 2.8% over the next year, while the growth in Professional Services industry in Germany is expected to stay flat. Is New 90 Day High Low • Oct 21
New 90-day high: €50.16 The company is up 14% from its price of €44.00 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €72.00 per share. 
