analyst consensus

Q1 2022

€ mln Q1 2022E Q2 2022E Q3 2022E Q4 2022E FY 2022E FY 2023E
revenue 6,516 6,713 6,821 7,022 27,038 27,715
reported growth YoY 17.9% 10.4% 8.7% 4.0% 9.8% 2.7%
organic growth per working day YoY 14.6% 8.6% 7.4% 4.1% 8.4% 2.7%
gross profit 1,316 1,358 1,387 1,431 5,479 5,622
gross margin 20.2% 20.2% 20.3% 20.4% 20.3% 20.3%
operating expenses (before amortization / one-offs) 1,056 1,052 1,051 1,072 4,219 4,318
EBITA (before one-offs) 265 306 337 356 1,259 1,303
EBITA margin 4.1% 4.6% 4.9% 5.1% 4.7% 4.7%
net income (before amortization / one-offs) 193 226 248 255 919 957
EPS (before amortization / one-offs) € 1.05 1.22 1.34 1.38 4.97 5.17

* consensus based on averages

updated and published on April 11, 2022

  • Q1 2022: 13 analysts participated
  • FY 2022: 14 analysts participated
  • FY 2023: 12 analysts participated
  • range Q1 2022 EBITA estimate: 281m highest, 220m lowest



IFRS 16

restated comparable tables

Randstad published restated comparable 2018 results for the IFRS 16 accounting change.

download the tables.