Randstad N : Q2 2025 transcripts

About this update from Randstad Nv

[{"type":"text","content":"\n Sander van 't Noordende: Good morning, everybody. I'm here with Jorge and our Investor Relations team to share our Q2 results.\n The market environment in the second quarter was again influenced by geopolitical and economic uncertainty, which, frankly, we...and many of our clients….see as the new normal.\n \n \n Against this backdrop, I am pleased with the performance we delivered and the strategic progress we made.\n \n \n We achieved revenues of €5.8 billion and an EBITA of € 171 million, with a margin of 3.0%. We continue to benefit from our focus on operational excellence and, most importantly, we are seeing the benefits of our strategy coming through in our performance.\n \n \n We have seen a mixed picture across our markets, with different trends and dynamics at play. We continue to deliver good, profitable growth in Italy and Spain, and….we had growth returning in APAC….where India and Japan are doing particularly well. We saw sequential improvement in North America with year-over-year growth in our Operational and Digital business.\n \n \n As said in our recent Capital Markets event we have been focused on executing our Partner For Talent strategy.\n \n \n Specialization at scale is now a fact at Randstad. This is important, because specialization is key for our differentiation and our competitiveness in the marketplace. Clients want to talk to someone who understands their business. Talent wants to talk to someone who knows about their field, and our people get the opportunity to focus their career on a specialization and do an even better job than they did before.\n \n \n We see that this works. In RPO for example, we see strong demand across our markets, as more clients turn to us to be their dedicated partner for talent. We continue to win new clients but equally important, we see more interest in 'recruiters on demand' at existing clients.\n \n \n In Digital, we see increased demand for AI skills, especially for GenAI and agentic AI capabilities. In the US we are ramping up AI related projects in Financial Services, Healthcare, Consumer, and Technology. And…we provide these AI roles from our global delivery center in India. Think about machine learning engineers, data scientists and cloud engineers.\n \n \n We are also becoming more and more digital first. In Q2 more than 700.000 shifts were directly selected by ...

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