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