analyst consensus
Q3 2020
-
revenue
- € mln revenue
- Q1 2020A 5,414
- Q2 2020A 4,437
- Q3 2020E 4,953
- Q4 2020E 5,221
- FY 2020E 20,028
- FY 2021E 21,724
-
reported growth YoY
- € mln reported growth YoY
- Q1 2020A -5.3%
- Q2 2020A -25.5%
- Q3 2020E -17.5%
- Q4 2020E -12.9%
- FY 2020E -15.4%
- FY 2021E 8.5%
-
organic growth per working day YoY
- € mln organic growth per working day YoY
- Q1 2020A -7.4%
- Q2 2020A -25.2%
- Q3 2020E -16.8%
- Q4 2020E -12.1%
- FY 2020E -15.4%
- FY 2021E 7.2%
-
gross profit
- € mln gross profit
- Q1 2020A 1,052
- Q2 2020A 830
- Q3 2020E 931
- Q4 2020E 994
- FY 2020E 3,806
- FY 2021E 4,222
-
gross margin
- € mln gross margin
- Q1 2020A 19.4%
- Q2 2020A 18.7%
- Q3 2020E 18.8%
- Q4 2020E 19.0%
- FY 2020E 19.0%
- FY 2021E 19.4%
-
operating expenses (before amortization / one-offs)
- € mln operating expenses (before amortization / one-offs)
- Q1 2020A 890
- Q2 2020A 763
- Q3 2020E 804
- Q4 2020E 822
- FY 2020E 3,280
- FY 2021E 3,419
-
EBITA (before one-offs)
- € mln EBITA (before one-offs)
- Q1 2020A 162
- Q2 2020A 67
- Q3 2020E 128
- Q4 2020E 171
- FY 2020E 527
- FY 2021E 803
-
EBITA margin
- € mln EBITA margin
- Q1 2020A 3.0%
- Q2 2020A 1.5%
- Q3 2020E 2.6%
- Q4 2020E 3.3%
- FY 2020E 2.6%
- FY 2021E 3.7%
-
net income (before amortization / one-offs)
- € mln net income (before amortization / one-offs)
- Q1 2020A 106
- Q2 2020A 63
- Q3 2020E 86
- Q4 2020E 109
- FY 2020E 362
- FY 2021E 562
-
EPS (before amortization / one-offs) €
- € mln EPS (before amortization / one-offs) €
- Q1 2020A 0.58
- Q2 2020A 0.34
- Q3 2020E 0.47
- Q4 2020E 0.59
- FY 2020E 1.97
- FY 2021E 3.06
| € mln | Q1 2020A | Q2 2020A | Q3 2020E | Q4 2020E | FY 2020E | FY 2021E |
|---|---|---|---|---|---|---|
| revenue | 5,414 | 4,437 | 4,953 | 5,221 | 20,028 | 21,724 |
| reported growth YoY | -5.3% | -25.5% | -17.5% | -12.9% | -15.4% | 8.5% |
| organic growth per working day YoY | -7.4% | -25.2% | -16.8% | -12.1% | -15.4% | 7.2% |
| gross profit | 1,052 | 830 | 931 | 994 | 3,806 | 4,222 |
| gross margin | 19.4% | 18.7% | 18.8% | 19.0% | 19.0% | 19.4% |
| operating expenses (before amortization / one-offs) | 890 | 763 | 804 | 822 | 3,280 | 3,419 |
| EBITA (before one-offs) | 162 | 67 | 128 | 171 | 527 | 803 |
| EBITA margin | 3.0% | 1.5% | 2.6% | 3.3% | 2.6% | 3.7% |
| net income (before amortization / one-offs) | 106 | 63 | 86 | 109 | 362 | 562 |
| EPS (before amortization / one-offs) € | 0.58 | 0.34 | 0.47 | 0.59 | 1.97 | 3.06 |
* consensus based on averages
updated and published on 6 October 2020
- Q3 2020: 11 analysts participated
- Q4 2020: 10 analysts participated
- FY 2020: 10 analysts participated
- FY 2021: 10 analysts participated
- range Q3 2020 EBITA estimate: 151m highest, 81m lowest
IFRS 16
restated comparable tables
Randstad published restated comparable 2018 results for the IFRS 16 accounting change.