analyst consensus
Q2 2024
-
revenue
- € mln revenue
- Q1 2024A 5,938
- Q2 2024E 6,062
- Q3 2024E 6,180
- Q4 2024E 6,257
- FY 2024E 24,403
- FY 2025E 25,581
-
reported growth YoY
- € mln reported growth YoY
- Q1 2024A -8.9%
- Q2 2024E -6.3%
- Q3 2024E -1.3%
- Q4 2024E 1.1%
- FY 2024E -4.1%
- FY 2025E 4.6%
-
organic growth per working day YoY
- € mln organic growth per working day YoY
- Q1 2024A -7.8%
- Q2 2024E -7.2%
- Q3 2024E -2.8%
- Q4 2024E 0.1%
- FY 2024E -4.9%
- FY 2025E 4.9%
-
gross profit
- € mln gross profit
- Q1 2024A 1,199
- Q2 2024E 1,221
- Q3 2024E 1,251
- Q4 2024E 1,279
- FY 2024E 4,943
- FY 2025E 5,251
-
gross margin
- € mln gross margin
- Q1 2024A 20.2%
- Q2 2024E 20.1%
- Q3 2024E 20.2%
- Q4 2024E 20.5%
- FY 2024E 20.3%
- FY 2025E 20.5%
-
operating expenses (before amortization / one-offs)
- € mln operating expenses (before amortization / one-offs)
- Q1 2024A 1,022
- Q2 2024E 1,034
- Q3 2024E 1,027
- Q4 2024E 1,026
- FY 2024E 4,108
- FY 2025E 4,217
-
EBITA (before one-offs)
- € mln EBITA (before one-offs)
- Q1 2024A 177
- Q2 2024E 187
- Q3 2024E 223
- Q4 2024E 254
- FY 2024E 835
- FY 2025E 1,035
-
EBITA margin
- € mln EBITA margin
- Q1 2024A 3.0%
- Q2 2024E 3.1%
- Q3 2024E 3.6%
- Q4 2024E 4.1%
- FY 2024E 3.4%
- FY 2025E 4.0%
-
net income (before amortization / one-offs)
- € mln net income (before amortization / one-offs)
- Q1 2024A 123
- Q2 2024E 127
- Q3 2024E 155
- Q4 2024E 173
- FY 2024E 576
- FY 2025E 733
-
EPS (before amortization / one-offs, diluted) €
- € mln EPS (before amortization / one-offs, diluted) €
- Q1 2024A 0.69
- Q2 2024E 0.72
- Q3 2024E 0.87
- Q4 2024E 0.98
- FY 2024E 3.25
- FY 2025E 4.14
| € mln | Q1 2024A | Q2 2024E | Q3 2024E | Q4 2024E | FY 2024E | FY 2025E |
|---|---|---|---|---|---|---|
|
revenue
|
5,938
|
6,062
|
6,180
|
6,257
|
24,403
|
25,581
|
|
reported growth YoY
|
-8.9%
|
-6.3%
|
-1.3%
|
1.1%
|
-4.1%
|
4.6%
|
|
organic growth per working day YoY
|
-7.8%
|
-7.2%
|
-2.8%
|
0.1%
|
-4.9%
|
4.9%
|
|
gross profit
|
1,199
|
1,221
|
1,251
|
1,279
|
4,943
|
5,251
|
|
gross margin
|
20.2%
|
20.1%
|
20.2%
|
20.5%
|
20.3%
|
20.5%
|
|
operating expenses (before amortization / one-offs)
|
1,022
|
1,034
|
1,027
|
1,026
|
4,108
|
4,217
|
|
EBITA (before one-offs)
|
177
|
187
|
223
|
254
|
835
|
1,035
|
|
EBITA margin
|
3.0%
|
3.1%
|
3.6%
|
4.1%
|
3.4%
|
4.0%
|
|
net income (before amortization / one-offs)
|
123
|
127
|
155
|
173
|
576
|
733
|
|
EPS (before amortization / one-offs, diluted) €
|
0.69
|
0.72
|
0.87
|
0.98
|
3.25
|
4.14
|
* consensus based on averages
updated and published on July 10th, 2024
- Q2 2024: 11 analysts participated
- FY 2024: 10 analysts participated
- FY 2025: 10 analysts participated
- range Q2 2024 EBITA estimate: 213m highest, 172m lowest
IFRS 16
restated comparable tables
Randstad published restated comparable 2018 results for the IFRS 16 accounting change.