Randstad Nv · EURONEXT:RAND

Randstad Nv — Q3 2026 Earnings Presentation

21 slides from Randstad Nv's earnings presentation, Oct 21, 2026

  1. Slide 1: 3rd quarter results 2026

    21 october 2026 3rd quarter results 2026. continued top-line momentum drives double-digit profit growth. sander van ‘t noordende, CEO jorge vazquez, CFO

  2. Slide 2: Disclaimer

    disclaimer. certain statements in this document concern prognoses flexible personnel), achievement of cost savings, changes about the future financial condition, risks, investment in the business mix, changes in legislation (particularly in plans, and the results of operations of Randstad N.V. and r

  3. Slide 3: Definitions

    definitions. organic growth: externally reported income statement line items (revenue, gross profit, operating expenses and EBITA) adjusted for the impact of changes in foreign currency ("FX"), the effect of hyperinflation and excluding the impact of acquisitions and disposals. EBITA: operating prof

  4. Slide 4: Agenda

    agenda. performance 5 financial results & outlook 11 Q&A 17 appendix 18 © randstad 4

  5. Slide 5: Performance

    01 performance. © randstad 5

  6. Slide 6: Partner for Talent strategy driving performance

    Partner for Talent strategy driving performance. summary key financials Q3 2026 75% of markets in growth revenue € 6.1BN at +3.9% delivery excellence driving productivity underlying gross margin 17.8% profitability improving year-on-year underlying EBITA € 211M, 3.5% margin © randstad 6

  7. Slide 7: Partner for Talent strategy impact

    Partner for Talent strategy impact. growth through growth momentum broadening in Q3’26 specialization large clients accelerating in logistics, e-commerce, aero & auto 14,000 more talent at work YoY delivery excellence deploying AI at scale, +6% more talent per FTE in Q3’26 digital marketplace drivin

  8. Slide 8: North America: strategy paying off

    north america: strategy paying off. organic revenue growth YoY, last two quarters* us: growth broadening, step up in profitability ● operational: +19%, standout performance with DMP benefits and well ahead of market ● professional: back to growth, perm growing ● digital: flat growth ● enterprise: go

  9. Slide 9: Major European markets: improving profitability in most markets

    major european markets: improving profitability in most markets. organic revenue growth YoY, last two quarters* netherlands: good sequential improvement with solid growth in industrial, logistics and healthcare germany: double-digit growth among large clients in auto & manufacturing, delivery excell

  10. Slide 10: International markets: step up in growth

    international markets: step up in growth. organic revenue growth YoY, last two quarters* other european markets & latam ● uk: up 9%, DMP rollout progressing ● poland: down 11%, broadly stable sequentially ● switzerland: up 3%, continued momentum ● nordics: down 3%, stabilizing further ● latam: up 13

  11. Slide 11: Financial results & outlook

    02 financial results & outlook. © randstad 11

  12. Slide 12: Profitability improving

    profitability improving. Q3 2026 summary performance organic revenue up 3.9% YoY € million Q3 ’26 Q3 ’25 % org. revenue 6,115 5,810 +3.9% gross profit 1,089 1,069 +1% operational: +6% at € 4.2 BN gross margin* 17.8% 18.4% operating expenses* 878 878 -1% opex %* 14.4% 15.1% professional: -/- 1% at €

  13. Slide 13: Gross margin: large client-led growth driving mix

    gross margin: large client-led growth driving mix. Q3 gross margin development YoY key highlights • temp margin -50 bp YoY • geo & business mix • NL CLA impact • perm fees -10 bp YoY • HRS/other flat YoY © randstad 13

  14. Slide 14: Opex: building scalability to drive further operational leverage

    opex: building scalability to drive further operational leverage. Q3 sequential opex bridge (€m) key highlights • opex down 1% YoY • FTE QoQ stable, down 3% YoY • L4Q icr/recovery ratio 108% • continued focus on delivery excellence • driving structural indirect costs savings © randstad 14

  15. Slide 15: Free cash flow and balance sheet

    free cash flow and balance sheet. Q3 free cash flow balance sheet • Q3 FCF € 250m (Q3 2025: € 244m) • net debt € 1,147m excl. lease liabilities • DSO 57.4 (Q2 2026: 57.6 days) • leverage ratio excl. lease liabilities: 1.5x • ROIC: 11.2% (Q3 2025: 10.4%) © randstad 15

  16. Slide 16: Outlook

    outlook. growth momentum Q4 2026 outlook • talent at work improved through Q3 • gross margin broadly stable sequentially • further improvement early October • operating expenses slightly higher QoQ • building operational leverage © randstad 16

  17. Slide 17: Questions & answers

    03 questions & answers. © randstad 17

  18. Slide 18: Appendices

    04 appendices. © randstad 18

  19. Slide 19: Corporate staff by geography

    corporate staff by geography. 1 2 average Q3 2026 Q3 2025 North America 6,290 6,870 Netherlands 3,580 3,880 Germany 1,610 1,910 Belgium & Luxembourg 1,880 2,000 France 3,870 4,170 Italy 3,290 3,270 Iberia 3,170 3,030 Other Europe countries and Latin America 5,430 5,580 Asia Pacific 5,400 5,370 Corpo

  20. Slide 20: Number of talent working on a temporary basis by geography

    number of talent working on a temporary basis by geography. 1 2 average Q3 2026 Q3 2025 North America 76,300 68,800 Netherlands 42,200 46,200 Germany 23,800 22,400 Belgium & Luxembourg 33,800 36,300 France 69,400 70,500 Italy 59,600 55,500 Iberia 72,700 66,500 Other Europe countries and Latin Americ

  21. Slide 21: Partner for talent

    partner for talent. aie randstad

Randstad — Q3 2026 Earnings Presentation on 6ix