FINANCIALS: Randstad reports on ‘solid’ performance

Global recruitment firm Randstad has reported “a solid and competitive performance in an exceptional 2020” in financial results released today.

In sharing its global financial results, Randstad highlighted the following:

  • Q4 2020 organic growth: -3.6%
  • Q4 2020 underlying EBITDA: €264.m (£231.9m)
  • FY 2020 proposed dividend per share: €3.24 (£2.85)
  • FY 2020 gross margin of 19.2%, down 80 basis points year-on-year

The UK reported revenues of, respectively, €766m in 2020, with 1,460 employees.

Among its 2020 successes, Randstad said it was able to identify and fill new roles associated with the pandemic, such as medical screeners and roles in testing and tracing. “We also offered free job listings on Monster for healthcare workers,” the company said.

In the company’s annual report, Randstad said that it believes “there is no ‘new normal’ that’s here to stay. We should expect continued change”, and called on companies to “be more fluid in running their workforces, reskilling and redeploying their people on a regular basis”. 

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

IPS faces £900k penalty for failing to co-operate with HMRC

A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900k penalty for failing to co-operate with HM Revenue & Customs, the tax authority announced today [22 March 2024].

Legislation 22 March 2024

NHS partnership collaborates with specialist recruiter to reduce locum GPs

A new partnership aims to bring 1,000 senior doctors for the NHS to help the shortfall across the UK.

Contracts 13 March 2024
ceo founder lynis bassett and MD naomi howells

Social recruiting March/April 2024

Recruiters and their staff continue to donate money and time to charities. Take a look at a few of the many examples we’ve seen since the previous Recruiter

Lighter Side 4 March 2024
Smiling Young Businesswoman Shaking Hands With Female Executive At Job Interview-Image credit - Shutterstock-1376251985

Better Hiring Toolkit offers best practice resource for local authorities

A new toolkit aims to offer local authorities essential guidelines for better recruitment., with the uncovering of the highly controversial

4 March 2024
Top