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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analysts love these 5 stocks ahead of their earnings reportsCNBC combed through Wall Street research to see which stocks analysts like into earnings season.
Source: CNBC - 🏆 12. / 72 Read more »
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) FuturesNow Impossible! realDonaldTrump is a genius and he has fixed everything forever. FuturesNow Eventually he will be right...in the meantime he keeps underperforming and you followed him, you would have simply made your clients poorer
Source: CNBC - 🏆 12. / 72 Read more »
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... And the rich get richer The stock market is independent of my actions. 😂😂😂😂😂
Source: Reuters - 🏆 2. / 97 Read more »
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. lmao permabulls LiveSquawk Nah, you know something is terribad when you see headlines like this.
Source: CNBC - 🏆 12. / 72 Read more »
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. stonks gonna ponzi- can’t wait for the class actions to start after the sell off😂😂😂 Prepare for a nice ride down Somebody's mic is screwed up. Please turn it off
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: BusinessInsider - 🏆 729. / 51 Read more »