Strong final quarter boosts staffing agency Randstad

Temporary employment agency Randstad booked a 12% increase in turnover last year at €14.2bn, with growth in the fourth quarter rising to 22%.

Net income was up 327% to €288m, the world’s number two staffing agency said in a statement.
The economic recovery has led to a strong increase in demand for temporary staff, CFO Robert Jan van de Kraats is quoted as saying by Nos television. Nevertheless, there are large differences between the various countries Randstad is active in, he said.
‘Growth is particularly sharp in areas where there is a lot of industry. In countries such as the Netherlands, where the economy is more service-orientated, the growth is slower,’ he said.

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