Randstad NV (WBO:RAND)

€ 39.81 0.34 (0.86%) Market Cap: 7.01 Bil Enterprise Value: 8.39 Bil PE Ratio: 16.15 PB Ratio: 1.66 GF Score: 69/100

Q3 2022 Randstad NV Earnings Call Transcript

Oct 25, 2022 / 07:00AM GMT

Release Date Price: €48.61 (+1.82%)

Transcript

Operator

Hello, and welcome to the analyst call on Randstad Third Quarter 2022 Results. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions)

I will now hand over to your host, Sander van't Noordende, CEO, to begin today's call. Thank you.

Alexander M. van;t Noordende

Randstad N.V. - Chairman of Executive Board & CEO

' -

Thanks, Jess, and good morning, everyone. I'm here with Henry and Bisera and Akshay from Investor Relations, and I'm pleased to share our Q3 results with you.

In the third quarter, we saw a combination of solid demand and talent scarcity. At the same time, we have seen client activity moderate slightly in some markets, reflecting the challenges that our clients face in the current macro environment. The good news, though, is that we are increasingly becoming a strategic partner to our clients, providing agile and flexible services to help them meet the demands of an increasingly talent-led world of work.

Having said that, we have delivered another strong set of results,

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