2024-05-05 10:40:00 ET
Summary
- Randstad's Q1 results showed a decrease in total revenue and operating profit compared to the previous year, but the impact was relatively limited.
- The company's low-capex business model and ability to adapt to changing circumstances make it an attractive investment.
- Randstad is continuing its share buyback program and has a clear dividend policy, but investors should expect a decrease in dividends for 2024.
Introduction
Randstad ( OTCPK:RANJY ) ( OTCPK:RANJF ) is a Dutch temp and staffing agency serving the needs of its customers that are looking for temporary labor solutions. In 2023, the company was active in almost 40 markets and was able to put 2 million people to work....
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Randstad: I'm A Buyer On Weakness As Labor Markets Will Rebound