(Reuters) – Randstad, the world’s largest recruitment agency, on Tuesday reported a slightly better-than-expected quarterly profit as trading conditions stabilized across its markets despite a challenging macroeconomic environment.
Globally, employment has fallen as workers avoid the risk of changing jobs in an uncertain environment and employers are reluctant to hire because of low inflation and high interest rates.
“We continued to focus on ethical and ethical behavior, scaling capacity and strategic investments,” CEO Sander van’t Noordende said in a statement.
Randstad also announced its intention to buy Zorgwerk, a Dutch digital healthcare marketplace, in a deal worth 323 million euros. Third-quarter earnings before interest, taxes and amortization (EBITA) before one-off items came in at 196 million euros ($212 million), slightly more than the 192 million expected by analysts on average in the consensus provided by the company. ($1 = 0.9242 euros)
