Q1 2025 Randstad NV Earnings Call Transcript

Apr 23, 2025 / 07:00AM GMT
Operator

Hello, and welcome to the Randstad first-quarter results 2025 call. My name is [Sandeep], and I will be your coordinator for today's event. Please note this call is being recorded. (Operator instructions)

I will now hand you over to your host, Sander van't Noordende, CEO, to begin today's conference. Please go ahead, sir.

Sander Van't Noordende - Randstad NV - Chairman of the Executive Board, Chief Executive Officer

Thank you very much, Sandeep, for that kind introduction, and good morning, everybody. I'm here with Jorge and our Investor Relations team to share our Q1 2025 results. We've made a solid start to the year. Our strategic moves, increased commercial activities, continued focus on cost and operational agility are paying off. As a result, we were able to protect our bottom line with an EBITA of EUR167 million and an EBITA margin of 3% for the quarter.

Well, we did see some encouraging signs across some key markets. The trading conditions remain challenged in many markets, resulting in a 4.2% revenue decline. We were

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