Recruiter Randstad reports Q1 earnings beat despite hiring slowdown

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 25 (Reuters) - Dutch recruitment firm Randstad's first-quarter core earnings beat expectations on Tuesday, despite a slowdown in hiring by companies. The group's underlying earnings before interest, taxes and amortisation (EBITA) was down 9% to 266 million euros ($293.90 million), but above the 260 million euros seen in a company-compiled consensus.
($1 = 0.9051 euros) (Reporting by Romolo Tosiani; editing by Christian Schmollinger)

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