Randstad NV
RAND: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.F | LOCK|^p | LOCK|%Yvys<j |
Randstad Earnings: Shares Fall as Revenue Declines in Tough Market Despite Incremental Improvements
Randstad reported third-quarter revenue of EUR 5.8 billion, down 1.2% year over year. Despite an incremental improvement, soft top-line performance weighed down underlying EBITA margins to 3%, in line with previous quarters. Shares fell 8% in early trading due to a cautious company outlook.
