Oct 22, 2019 / 07:00AM GMT
Operator
Hello, and welcome to the Randstad Third Quarter Results 2019. My name is Jazz, and I'll be your coordinator for today's event. (Operator Instructions)
I will now hand you over to your host, Jacques van den Broek, to begin today's call. Thank you.
Jacques van den Broek - Randstad N.V. - CEO & Chairman of the Executive Board
Yes. Thank you, Jazz. Good morning, everybody. Jacques van den Broek here in Diemen with Henry and Steven and David, taking you through our third quarter of 2019. So let's go immediately to Slide 6.
We're -- yes, it's uncertain macroeconomic circumstances. You all know that. But still, we're satisfied with our good set of numbers, very much in line with what we shared with you on how we're managing this business. Our organic growth, slightly eased in Q2. Again, main culprit here, if you might call it that, is the industrial-related, very much the automotive. If we look at our 2.5% decline in Q3, we can attribute 55.0% to automotive, predominantly in the German market, but certainly also in the Dutch and Belgian one.
Q3 2019 Randstad NV Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot