- Revenue of € 4,278 million; organic growth per working day + 2.2%; January + 3.2%; headwind from negative currency effects
- Focus shifting to strong conversion of gross profit growth into EBITA
- EBITA margin stable at 3.7%, despite significant marketing investments and various non-recurring items
- Solid financial position: net debt to € 761 million and leverage ratio at 1.2
- Full year net income up from € 37 million to € 231 million
- Proposed dividend of € 0.95 per ordinary share, in cash or shares, based on a payout ratio of 45%
- Annual Report 2013 available here
"Growth continued throughout the fourth quarter of 2013, confirming a gradual recovery," says Ben Noteboom, CEO of Randstad. "Our increased investments in marketing have been well-timed, boosting brand awareness and preference, and strengthening our sales capabilities to benefit from growth opportunities. In this final message as CEO of Randstad, I want to take the opportunity to express my gratitude to all our stakeholders. It has been the continuing trust and support of our clients, candidates and investors that have made it possible for Randstad to become the truly global player it is today. But most of all I want to thank the talented, hard-working and inspiring colleagues all around the world. It is because of you that my journey here at Randstad has been such an amazing ride. It has been a pleasure working with you. Randstad is in excellent shape, and I wish my successor, Jacques van den Broek, every success in leading this great company to a bright future."