Randstad Nv Unsp/Adr (RANJY) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.672 -- 00:00:06.019 Hello and welcome to the Randstad first quarter results 2025 call. 00:00:06.019 -- 00:00:09.864 My name is Sadiq and I will be your coordinator for today's event. 00:00:09.864 -- 00:00:14.350 Please note this call is being recorded and for the durations of the call, your lines 00:00:14.350 -- 00:00:18.975 will be on listened only. However, you will have the opportunity to ask questions at 00:00:18.975 -- 00:00:24.883 the end of the call. This can be done by pressing star 1 on your telephone keypad. 00:00:24.883 -- 00:00:28.820 Please limit yourself to one question and one follow-up. 00:00:28.820 -- 00:00:34.145 If you require assistance at any time, please press star zero and you will be connected 00:00:34.145 -- 00:00:36.446 to an operator. 00:00:36.468 -- 00:00:41.793 I will now hand you over to your host, Sander van Noordender, CEO, to begin today's conference. 00:00:41.793 -- 00:00:43.735 Please go ahead, sir. 00:00:43.735 -- 00:00:47.679 Thank you very much, Adib, for that kind introduction, and good morning, everybody. 00:00:47.679 -- 00:00:52.725 I'm here with George and our investor relations team to share our Q1 00:00:52.725 -- 00:00:55.499 2025 results. 00:00:55.499 -- 00:01:00.905 We've made a solid start to the year. Our strategic moves, increased commercial activities, 00:01:00.905 -- 00:01:05.691 continued focus on cost and operational agility are paying off. 00:01:05.691 -- 00:01:10.837 As a result, we were able to protect our bottom line with an EBITDA of 167 00:01:10.837 -- 00:01:16.141 million euro and an EBITDA margin of 3% for the quarter. 00:01:16.464 -- 00:01:21.129 While we did see some encouraging signs across some key markets, the trading conditions 00:01:21.129 -- 00:01:26.266 remain challenged. in many ma...