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Publication date: December 17, 2024
- Year of incorporation: 1960
- Year added to the AEX: 1988
- Highest share price ever: €67.52 in February 2022
- Average trading volume:Circa 1.000,000 shares per day
- Share price performance over the past 12 months: - 27.39%
Introduction about the company
Randstad N.V., founded in 1960, is a leading global player in HR services and staffing. Headquartered in Diemen, the Netherlands, Randstad serves companies and employees in more than 38 countries. The company offers a wide range of services, including staffing, secondment, recruitment & selection, and HR solutions. Randstad is listed on the Euronext Amsterdam under the symbol RAND and is known for its strong market position and innovative approach within the labor market.
Core figures & performance
In 2023 Randstad achieved sales of €25.24 billion and a net profit of €840 million. The company mediated over
2 million candidates per day worldwide and served over 200,000 clients. Randstad's market capitalization is currently around €7.34 billion. Randstad has a stable dividend policy with a payout of €3.55 per share in 2024, this makes it attractive to investors looking for consistent returns.
History & development
Randstad was founded in 1960 by Frits Goldschmeding and grew from a local staffing agency in the Netherlands to a global HR leader. Over the decades, the company has strengthened its position through both organic growth and strategic acquisitions, such as the acquisition of Vedior in 2008 and RiseSmart in 2015. In recent years, Randstad has invested heavily in digital transformation and technology-driven solutions, such as Randstad Sourceright and the implementation of AI within its recruitment processes.
Sector & competition
Randstad operates in the competitive HR services sector, where it rivals players such as Adecco Group and ManpowerGroup. The sector is driven by trends such as the flexibilization of labor, the growth of the gig economy, and technological innovation. Randstad stands out for its hybrid model of personal mediation and digital solutions, which ensures efficiency and customer focus.
Influence of Randstad on the AEX
Randstad has a weighting of 0.49% in the AEX index (measured in 2024). As a leading multinational in the HR sector, Randstad plays an important role in representing the Dutch economy on the world stage. Yet their influence within the AEX is relatively limited, making them one of the smaller weighters in the index. Randstad's share price performance is often influenced by economic cycles, unemployment figures, and labor market trends.
Investment analysis & outlook
Increasing demand for flexible workers and innovative recruitment solutions provides Randstad with significant growth opportunities. At the same time, the company remains sensitive to economic fluctuations and developments in global labor markets. Thanks to a strong balance sheet, healthy cash flow, and an attractive dividend policy, Randstad offers stability and growth potential for long-term investors.
Below is Randstad's share price performance compared to the AEX over the past five years. The chart shows that Randstad's performance has been volatile. Although the share price largely recovered after the pandemic, there was another decline last year. This contrasts with the relatively stable development of the AEX, as clearly shown in the chart.
News & updates
Recently, Randstad has announced further investment in its digital transformation and expansion of AI-driven recruitment platforms. In addition, the company is focusing on growth within the technical, financial, and healthcare sectors, where demand for qualified staff is growing rapidly. Randstad continues to innovate with solutions for the flexible labor market, such as improving its online matching technology and offering new HR services for both large companies and SMEs. For more information on Randstad's performance and strategic plans, please visit its official website: www.randstad.com.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.
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