Prior to each closed period, Randstad hosts calls with the financial community to facilitate the consensus process. In compliance with the Market Abuse Regulation (MAR) and ESMA’s best practice guidance no share price sensitive information is provided and reference is only made to publicly available information. For example recent earnings and outlook, macro and market data.

The calls were held on June 26th, 2025.

Investors can contact investor.relations@randstad.com.

analyst consensus

Q2 2025

€ mln Q1 2025A Q2 2025E Q3 2025E Q4 2025E FY 2025E FY 2026E
revenue
5,656
5,751
5,815
5,994
23,271
24,152
reported growth YoY
-4.7%
-5.3%
-3.3%
-1.5%
-3.6%
2.1%
organic growth per working day YoY
-4.2%
-3.5%
-2.2%
-0.7%
-2.5%
4.0%
gross profit
1,092
1,095
1,114
1,146
4,452
4,681
gross margin
19.3%
19.0%
19.2%
19.1%
19.2%
19.4%
operating expenses (before amortization / one-offs)
925
925
925
942
3,723
3,825
EBITA (before one-offs)
167
170
189
204
728
856
EBITA margin
3.0%
3.0%
3.3%
3.4%
3.1%
3.5%
net income (before amortization / one-offs)
103
106
120
128
465
563
EPS (before amortization / one-offs, diluted) €
0.59
0.60
0.68
0.73
2.65
3.21
  • Consensus is calculated by taking the simple average of the constituent analyst forecasts.
  • Each line is calculated independently, they may not be consistent with each other.
  • All figures exclude exceptional items.

updated and published on July 7th, 2025.

  • Q2 2025: 13 analysts participated
  • FY 2025: 10 analysts participated
  • FY 2026: 9 analysts participated
  • Range Q2 2025 EBITA estimate: 179m highest, 163m lowest

Disclaimer:

Randstad wishes to emphasize that the consensus estimate figures set out above are solely based on opinions, forecasts, estimates, projections and predictions regarding Randstad’s performance made by the external analysts. These consensus estimate figures do not in any way represent the opinions, forecasts, estimates, projections or predictions of Randstad or its management. Randstad does not express any opinion in respect of the analysts’ opinions, forecast, estimates projections and predictions, and does not by providing these consensus estimate figures imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations made or provided by such analysts. Randstad assumes no liability for the accuracy of such estimates and undertakes no obligation to update or revise such estimates.

IFRS 16

restated comparable tables

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

download the tables.