Feb 12, 2025 / 07:30AM GMT
Operator
Good day and welcome to today's Q4 and full year 2024 Randstad analyst call. (Operator Instructions) And now I'd like to hand the call over to your host today, Mr. Sander van't Noordende, CEO. Please go ahead, sir.
Sander Van't Noordende - Randstad NV - Chairman of the Executive Board, Chief Executive Officer
Thank you very much, Saga, for that kind introduction. And good morning, everybody. I'm here with Jorge and our investor relations team to share our Q4 and full year 2024 results.
We continue to experience labor market challenges in Q4, which contributed to a 5.5% decline in organic revenue. We saw further stabilization in North America, while Europe remains a story of two tales. Southern European countries continue to grow, while challenging conditions in firm and automotive led to subdued demand in Northwest Europe.
Against this backdrop, we delivered the gross margin of 18.8%, driven by business and service mix. With our continued focus on cost, we have delivered an EBITDA of EUR200 million with an EBITDA margin of 3.3
Q4 2024 Randstad NV Earnings Call Transcript
Feb 12, 2025
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