analyst consensus
Q1 2023
-
revenue
- € mln revenue
- Q1 2023E 6,544
- Q2 2023E 6,616
- Q3 2023E 6,649
- Q4 2023E 6,665
- FY 2023E 26,427
- FY 2024E 27,131
-
reported growth YoY
- € mln reported growth YoY
- Q1 2023E -1.2%
- Q2 2023E -3.9%
- Q3 2023E -5.7%
- Q4 2023E -5.0%
- FY 2023E -4.1%
- FY 2024E 2.5%
-
organic growth per working day YoY
- € mln organic growth per working day YoY
- Q1 2023E -3.6%
- Q2 2023E -4.0%
- Q3 2023E -3.9%
- Q4 2023E -4.2%
- FY 2023E -4.2%
- FY 2024E 2.5%
-
gross profit
- € mln gross profit
- Q1 2023E 1,355
- Q2 2023E 1,376
- Q3 2023E 1,375
- Q4 2023E 1,370
- FY 2023E 5,456
- FY 2024E 5,599
-
gross margin
- € mln gross margin
- Q1 2023E 20.7%
- Q2 2023E 20.8%
- Q3 2023E 20.7%
- Q4 2023E 20.6%
- FY 2023E 20.6%
- FY 2024E 20.6%
-
operating expenses (before amortization / one-offs)
- € mln operating expenses (before amortization / one-offs)
- Q1 2023E 1,094
- Q2 2023E 1,106
- Q3 2023E 1,102
- Q4 2023E 1,086
- FY 2023E 4,371
- FY 2024E 4,429
-
EBITA (before one-offs)
- € mln EBITA (before one-offs)
- Q1 2023E 260
- Q2 2023E 270
- Q3 2023E 274
- Q4 2023E 284
- FY 2023E 1,089
- FY 2024E 1,165
-
EBITA margin
- € mln EBITA margin
- Q1 2023E 4.0%
- Q2 2023E 4.1%
- Q3 2023E 4.1%
- Q4 2023E 4.3%
- FY 2023E 4.1%
- FY 2024E 4.3%
-
net income (before amortization / one-offs)
- € mln net income (before amortization / one-offs)
- Q1 2023E 189
- Q2 2023E 198
- Q3 2023E 200
- Q4 2023E 207
- FY 2023E 799
- FY 2024E 850
-
EPS (before amortization / one-offs) €
- € mln EPS (before amortization / one-offs) €
- Q1 2023E 1.03
- Q2 2023E 1.08
- Q3 2023E 1.09
- Q4 2023E 1.13
- FY 2023E 4.36
- FY 2024E 4.68
| € mln | Q1 2023E | Q2 2023E | Q3 2023E | Q4 2023E | FY 2023E | FY 2024E |
|---|---|---|---|---|---|---|
| revenue | 6,544 | 6,616 | 6,649 | 6,665 | 26,427 | 27,131 |
| reported growth YoY | -1.2% | -3.9% | -5.7% | -5.0% | -4.1% | 2.5% |
| organic growth per working day YoY | -3.6% | -4.0% | -3.9% | -4.2% | -4.2% | 2.5% |
| gross profit | 1,355 | 1,376 | 1,375 | 1,370 | 5,456 | 5,599 |
| gross margin | 20.7% | 20.8% | 20.7% | 20.6% | 20.6% | 20.6% |
| operating expenses (before amortization / one-offs) | 1,094 | 1,106 | 1,102 | 1,086 | 4,371 | 4,429 |
| EBITA (before one-offs) | 260 | 270 | 274 | 284 | 1,089 | 1,165 |
| EBITA margin | 4.0% | 4.1% | 4.1% | 4.3% | 4.1% | 4.3% |
| net income (before amortization / one-offs) | 189 | 198 | 200 | 207 | 799 | 850 |
| EPS (before amortization / one-offs) € | 1.03 | 1.08 | 1.09 | 1.13 | 4.36 | 4.68 |
* consensus based on averages
updated and published on April 11, 2023
- Q1 2023: 13 analysts participated
- FY 2023: 13 analysts participated
- FY 2024: 12 analysts participated
- range Q1 2023 EBITA estimate: 248m lowest, 277m highest
IFRS 16
restated comparable tables
Randstad published restated comparable 2018 results for the IFRS 16 accounting change.