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* Randstad Q2 2023 revenue declined by 6% y/y to €6.46 billion(Q1 2023: -4.2%), below analysts estimate of € 7.30 billion. | * Randstad Q2 2023 revenue declined by 6% y/y to €6.46 billion(Q1 2023: -4.2%), below analysts estimate of € 7.30 billion. | ||
* EBITA topped estimates. | * EBITA topped estimates. | ||
* Its North America(largest market) revenue declined by 14% to € 1.38 billion. | |||
* "'''In North America, like in Europe by the way, I would say the market is normalizing,'''" Randstad CEO Sander van't Noordende said in an interview<ref name=":4" />. | * "'''In North America, like in Europe by the way, I would say the market is normalizing,'''" Randstad CEO Sander van't Noordende said in an interview<ref name=":4" />. | ||
* " '''The macroeconomic conditions remain challenging across our markets, and these conditions have continued into early July,'''" CFO Jorge Vazquez said<ref>https://seekingalpha.com/article/4619650-randstad-n-v-ranjf-q2-2023-earnings-call-transcript</ref>. | * " '''The macroeconomic conditions remain challenging across our markets, and these conditions have continued into early July,'''" CFO Jorge Vazquez said<ref>https://seekingalpha.com/article/4619650-randstad-n-v-ranjf-q2-2023-earnings-call-transcript</ref>. | ||
== References == | == References == |