Randstad N.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 12:47 pm EDT
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Randstad N.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 6,078 million compared to EUR 4,437 million a year ago. Operating income was EUR 239 million compared to operating loss of EUR 69 million a year ago. Net income was EUR 176 million compared to net loss of EUR 57 million a year ago. Basic earnings per share from continuing operations was EUR 0.95 compared to basic loss per share from continuing operations of EUR 0.33 a year ago. Diluted earnings per share from continuing operations was EUR 0.94 compared to diluted loss per share from continuing operations of EUR 0.32 a year ago. For the half year, sales was EUR 11,606 million compared to EUR 9,851 million a year ago. Operating income was EUR 454 million compared to EUR 12 million a year ago. Net income was EUR 329 million compared to net loss of EUR 8 million a year ago. Basic earnings per share from continuing operations was EUR 1.77 compared to basic loss per share from continuing operations of EUR 0.07 a year ago. Diluted earnings per share from continuing operations was EUR 1.76 compared to diluted loss per share from continuing operations of EUR 0.07 a year ago.
Randstad N.V. is the world's No. 1 of human resources services. Net sales break down by activity as follows:
- generalist staff placement outside the classic sectors (45.4%): primarily administrative, light industry, logistics staff, etc.;
- generalist staff placement from onsite agencies (25.3%): primarily for clients in the consumer goods, automotive, life sciences and other industries;
- specialized staff placement (23.8%): primarily high-level and experienced professionals in the fields of IT, engineering, business, health, etc. In addition, the group offers services for the permanent staff of its clients (outplacement services, reintegration and salary management);
- other (5.5%).
At the end of 2023, the group had 2,761 branches worldwide.
Net sales are distributed geographically as follows: the Netherlands (12.7%), the United States (18.8%), France (15.1%), Italy (8.5%), Germany (7.4%), Belgium (6%), Spain (5%), Australia (4.6%), the United Kingdom (4.3%), Japan (3.2%), Canada (2.3%), Switzerland (1.9%), India (1.5%), Portugal (1.3%), Poland (1.2%), Sweden (1.2%) and other (5%).
RANDSTAD N.V. 
