The Randstad Group is one of the largest temporary and contract staffing organizations in the world. It is market leader in the Netherlands, Belgium, Germany, Poland and in the south-east of the United States.
The Randstad Group's mission is to rank among the world leaders in matching demand and supply of labor and HR services.
Corporate mission
Randstad Group’s mission is to rank among the world leaders in matching demand for and supply of labor and HR services.
Core business
Randstad’s core business is well-timed matching of individual people’s demand for challenging and well-paid work and the demand of companies and organizations for suitable personnel of the right caliber.
This is pursued in the following ways:
• by meeting local and regional employment requirements through tailored solutions according to the standards and values of all countries where the Group is active
• by deploying extensive knowledge of the employment market in combination with an unparalleled ability to attract, coach and retain talented people
• by committing to serve as a reliable partner for all stakeholders.
Randstad Holding nv is an international provider of professional services, active in Europe and North America. We take pride in distinguishing Randstad through the quality of our service, our leadership in developing socially responsible flexibility, and the trust we have gained with our clients, our flexworkers and corporate employees, and all our stakeholders.
We meet the demand for strategic HR planning and productivity of small, medium and large enterprises, both private and public, while simultaneously providing protection, security and opportunities for the employees involved. We do so by knowing the needs of our clients, by knowing the needs of our flexworkers, and by providing the best match and the best services on the basis of that knowledge. We express this as: 'Good to know you'.
The Randstad Group is organized along three segments: mass-customized staffing (Randstad, Tempo-Team and other group companies), professionals staffing (Yacht) and in-house services (Capac & Inhouse Services). It is market leader in the Netherlands, Belgium, Germany, Poland and in the south-east of the United States. In addition to these markets, Randstad is also active in Canada, Denmark, France, Hungary, Italy, Luxembourg, Portugal, Spain, the United Kingdom, Sweden and Switzerland.
The Randstad Group generated in 2004 a revenue of € 5.8 billion and net income of € 199.6 million. During the reporting year, an average 224,600 people were employed by Randstad every day. At year-end, Randstad had a total of 2,320 branches Europe and North America..
Randstad Holding nv is listed on the Amsterdam stock exchange (part of Euronext) and is included in Amsterdam’s mid-cap index (AMX). Options on Randstad stock are also traded in Amsterdam.
Our goal is to ensure long-term corporate continuity. In pursuing this goal, the creation of value for all stakeholders is crucial. This implies continual growth in revenue and profit through optimal use of equity. Strategy is based primarily on organic growth.
In geographic terms, the Randstad Group’s growth strategy is focused on Europe and North America. These regions represent more than 80& of the world market for temporary and contract staffing. Within these regions, we concentrate on those areas where we expect growth, either because of deregulation of the labor market or through development in markets requiring more specialized services.
As a Group, we rank amongst the world leaders. Specifically, we are market leader or a major player in the German, Spanish, Dutch, Polish, Portuguese and Belgian markets, as well as in the southeast of the United States. We are also active in Canada, Denmark, France, Italy, Luxembourg, Hungary, Sweden, Switzerland and the United Kingdom. We are actively investigating new regions in Eastern Europe and Asia. In some cases, we may use local acquisitions to achieve targeted market or segment positions more rapidly.
Our medium-term targets for the com years are:
• increasing revenue from our non-Dutch business to 70& of total revenue;
• increasing the revenue share of our specialty services business to 30& of total revenue;
• an EBITA performance between 5& and 6&.
The achievement of these targets will partly be dependent on the marcro-economic climate.
|