Randstad tops revenue expectations as key labour markets improve
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Randstad tops revenue expectations as key labour markets improve Oct 21 (Reuters) - Randstad RAND.AS reported organic revenue growth of 3.9% for the third quarter on Wednesday, beating analysts' average forecast of 2.9%, as its Dutch home market returned to growth and North America and Germany continued to show signs of recovery.
Recruitment firms such as Randstad or Adecco ADEN.S are seen as a gauge of labour-market health and economic momentum because employers adjust hiring plans as the broader economy ebbs and flows.
(Reporting by Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak)
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