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analyst consensus.

Each quarter, a number of analysts that follow us, share their consensus on upcoming results. Two weeks prior to our earnings call, these will be published on our website.

IFRS 16

restated comparable tables

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

download the tables.

analyst consensus Q3 2019

€ mln Q1 19A Q2 19A Q3 19E 2019E 2020E
revenue 5,718 5,957 6,024 23,810 24,132
reported growth YoY 0.6% -1.1% 0.3% 0.0% 1.4%
organic growth per working day YoY 0.5% -/- 1.7% -/- 1.7% -/- 0.9% 0.8%
gross profit 1,128 1,193 1,199 4,734 4,792
gross margin 19.7% 20.0% 19.9% 19.9% 19.9%
operating expenses (before amortization/one-offs) 901 916 908 3,633 3,674
EBITA (before one-offs) 227 277 291 1,101 1,118
EBITA margin 4.0% 4.7% 4.8% 4.6% 4.6%
net income (before amortization/one-offs) 158 192 202 766 792
EPS (before amortization/ one-offs) € 0.86 1.04 1.10 4.17 4.33
net debt 1,640 2,026 n/a 1,374 1,040

* consensus based on averages

updated and published on October 7, 2019

  • Q2 2019: 11 analysts participated
  • Q3 2019: 13 analysts participated
  • FY 2019: 12 analysts participated
  • FY 2020: 12 analysts participated
  • range Q3 2019 EBITA estimate: highest 308, lowest 276

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