Dutch staffing giant Randstad on Tuesday reported underlying earnings slipping 4% in the second-quarter, slightly missing analyst forecasts due to a slowdown in Europe.
Earnings before interest, taxation and amortization fell to 277 million euros in the three months through June, with organic growth falling 1.7%.
Randstad CEO Jacques van den Broek told CNBC's "Squawk Box Europe" on Tuesday that the figures were directly linked to a slowdown in the automotive sector across major markets such as Germany, Belgium and the Netherlands.on Tuesday reported underlying earnings slipping 4% in the second-quarter, slightly missing analyst forecasts due to a slowdown in Europe.
Earnings before interest, taxation and amortization fell to 277 million euros in the three months through June, with organic growth falling 1.7%. Analysts polled by Randstad had projected EBITA of 281 million euros, below the restated 288 million euros over the same period last year. Randstad CEO Jacques van den Broek told CNBC's "Squawk Box Europe" on Tuesday that the figures were directly linked to a slowdown in the automotive sector across major markets such as Germany, Belgium and the Netherlands.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Analysts love these 5 stocks ahead of their earnings reportsCNBC combed through Wall Street research to see which stocks analysts like into earnings season.
Consulte Mais informação »
Recession threat is rising as earnings roll over, market bear David Rosenberg warnsWall Street bear David Rosenberg sees evidence of a 'significant growth turndown' in earnings (via CNBCFuturesNow)
Consulte Mais informação »
Wall St. set to open higher as earnings season gathers steamWall Street's main indexes were set to open higher on Monday as investors e...
Consulte Mais informação »
Morgan Stanley on Apple: 'Attractive setup into earnings'Morgan Stanley maintained its overweight rating on Apple's stock and hiked its price target to $247 from $231, heading into the tech giant's third-quarter earnings on July 30.
Consulte Mais informação »
Beyond Meat's stock jumps 12% ahead of earningsShares of Beyond Meat jumped 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings.
Consulte Mais informação »
Capital One's Q2 earnings gave insight into its ongoing digital transformationCapital One claims to be among industry leaders in terms of mobile banking users and growth – an important outcome of digital transformation.
Consulte Mais informação »