FINANCIALS: Positive momentum across all Randstad geographies

Group revenue for global recruiter Randstad in 2021’s second quarter surpassed 2019 levels.

The organisation also recruited more than 2,400 new employees to its global workforce during the latest reporting period, the company announced today.

CEO Jacques van den Broek said: “Positive momentum continued across all our geographies into the second quarter of 2021.”

He went on to say: “We are also continuing to roll out our global technology transformation, with Monster showing positive year-on-year momentum, and are excited to provide a better experience to both talent and employers using the combination of Randstad and Monster capabilities in the future.”

Van den Broek also noted that the company had played “an active role” in the Covid-19 pandemic humanitarian response in India, but did not provide details in the company statement.

Highlights of the company’s Q2 financial report included:

  • Q2 2021 organic growth: 38.2%
  • Q2 2021 underlying EBITA: €260m (£222m)
  • Q2 2021 EBITA margin: 4.3%
  • global market leadership and competitive growth supported by diversified portfolio; in-house and professionals above 2019 levels
  • continued marketshare gains in the US and France
  • volume trends in early July indicate continued positive momentum.

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