analyst consensus
Q1 2021
-
revenue
- € mln revenue
- Q1 2021E 5,441
- Q2 2021E 5,447
- Q3 2021E 5,730
- Q4 2021E 6,021
- FY 2021E 22,528
- FY 2022E 23,808
-
reported growth YoY
- € mln reported growth YoY
- Q1 2021E 0.5%
- Q2 2021E 22.8%
- Q3 2021E 10.7%
- Q4 2021E 5.8%
- FY 2021E 8.7%
- FY 2022E 5.7%
-
organic growth per working day YoY
- € mln organic growth per working day YoY
- Q1 2021E 3.9%
- Q2 2021E 24.8%
- Q3 2021E 11.3%
- Q4 2021E 5.6%
- FY 2021E 10.1%
- FY 2022E 5.7%
-
gross profit
- € mln gross profit
- Q1 2021E 1,042
- Q2 2021E 1,064
- Q3 2021E 1,116
- Q4 2021E 1,190
- FY 2021E 4,395
- FY 2022E 4,713
-
gross margin
- € mln gross margin
- Q1 2021E 19.2%
- Q2 2021E 19.5%
- Q3 2021E 19.5%
- Q4 2021E 19.8%
- FY 2021E 19.5%
- FY 2022E 19.8%
-
operating expenses (before amortization / one-offs)
- € mln operating expenses (before amortization / one-offs)
- Q1 2021E 851
- Q2 2021E 858
- Q3 2021E 870
- Q4 2021E 902
- FY 2021E 3,472
- FY 2022E 3,629
-
EBITA (before one-offs)
- € mln EBITA (before one-offs)
- Q1 2021E 191
- Q2 2021E 206
- Q3 2021E 246
- Q4 2021E 287
- FY 2021E 923
- FY 2022E 1,084
-
EBITA margin
- € mln EBITA margin
- Q1 2021E 3.5%
- Q2 2021E 3.8%
- Q3 2021E 4.3%
- Q4 2021E 4.8%
- FY 2021E 4.1%
- FY 2022E 4.6%
-
net income (before amortization / one-offs)
- € mln net income (before amortization / one-offs)
- Q1 2021E 138
- Q2 2021E 154
- Q3 2021E 176
- Q4 2021E 192
- FY 2021E 655
- FY 2022E 774
-
EPS (before amortization / one-offs) €
- € mln EPS (before amortization / one-offs) €
- Q1 2021E 0.75
- Q2 2021E 0.84
- Q3 2021E 0.95
- Q4 2021E 1.04
- FY 2021E 3.55
- FY 2022E 4.19
| € mln | Q1 2021E | Q2 2021E | Q3 2021E | Q4 2021E | FY 2021E | FY 2022E |
|---|---|---|---|---|---|---|
| revenue | 5,441 | 5,447 | 5,730 | 6,021 | 22,528 | 23,808 |
| reported growth YoY | 0.5% | 22.8% | 10.7% | 5.8% | 8.7% | 5.7% |
| organic growth per working day YoY | 3.9% | 24.8% | 11.3% | 5.6% | 10.1% | 5.7% |
| gross profit | 1,042 | 1,064 | 1,116 | 1,190 | 4,395 | 4,713 |
| gross margin | 19.2% | 19.5% | 19.5% | 19.8% | 19.5% | 19.8% |
| operating expenses (before amortization / one-offs) | 851 | 858 | 870 | 902 | 3,472 | 3,629 |
| EBITA (before one-offs) | 191 | 206 | 246 | 287 | 923 | 1,084 |
| EBITA margin | 3.5% | 3.8% | 4.3% | 4.8% | 4.1% | 4.6% |
| net income (before amortization / one-offs) | 138 | 154 | 176 | 192 | 655 | 774 |
| EPS (before amortization / one-offs) € | 0.75 | 0.84 | 0.95 | 1.04 | 3.55 | 4.19 |
* consensus based on averages
updated and published on April 8, 2021
- Q1 2021: 11 analysts participated; Q2/Q3/Q4 2021: 8 analysts participated
- FY 2021: 10 analysts participated
- FY 2022: 10 analysts participated
- range Q1 2021 EBITA estimate: 208m highest, 170m lowest
IFRS 16
restated comparable tables
Randstad published restated comparable 2018 results for the IFRS 16 accounting change.