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UK's SThree sees steady FY performance despite hiring market woes

UPDATE 3-UK's SThree sees steady FY performance despite hiring market woes FY outlook in line with market view Shares up 3.2% H1 net fees down 7% Rewrites with CEO quote, detail, updates shares By Prerna Bedi July 23 (Reuters) - British recruiter SThree Plc STEMS.L said on Tuesday it expects its annual performance to be in line with market expectations buoyed by contract hiring and cost controls, even as tough hiring market conditions prevail in the second half .
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Dutch recruiter Randstad's Q2 earnings fall slightly below estimates

UPDATE 3-Dutch recruiter Randstad's Q2 earnings fall slightly below estimates Adds CFO, analyst quote in paragraph 6, 10 By Enrico Sciacovelli July 23 (Reuters) - Randstad RAND.AS , the world's largest employment agency, reported second-quarter core earnings slightly below expectations on Tuesday reflecting weak hiring activity across many of its markets.
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Randstad Q2 Underlying EBITA Drops To EUR 181 Million

BRIEF-Randstad Q2 Underlying EBITA Drops To EUR 181 Million July 23 (Reuters) - Randstad NV RAND.AS : -7.5% Q2 2024 ORG. REVENUE GROWTH (Q2 2023 -5.1%) EUR 181M Q2 2024 UNDERLYING EBITA (Q2 2023 EUR 271M) EUR 6,085M Q2 2024 REVENUES (Q2 2023 EUR 6,465M) EUR 78M Q2 2024 NET INCOME (Q2 2023 EUR 137M) Q3 2024 GROSS MARGIN IS EXPECTED TO BE MODESTLY HI
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Dutch recruiter Randstad posts Q2 earnings below expectations

Dutch recruiter Randstad posts Q2 earnings below expectations July 23 (Reuters) - Randstad RAND.AS , the world's biggest employment agency, reported on Tuesday second-quarter core earnings that slightly missed expectations, hurt by weak hiring activities in many of the group's geographies. The Dutch company's underlying earnings before interest, tax and amortisation (EBITA) fell 34% year-on-year to 181 million euros ($197.09 million), below the 187 million euros expected on average by analysts i
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Top of the Street: Randstad, Credit Agricole, Shell, Eurofins, Veolia

BUZZ-Top of the Street: Randstad, Credit Agricole, Shell, Eurofins, Veolia A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley cuts Dutch recruitment agency Randstad RAND.AS to "equal-weight" from "overweight" as it sees a deteriorating staffing environment and a muted outlook over at least the next two quarters ** UBS raises Credit Agricole CAGR.PA to "buy" from "neutral" seeing the French bank as a good mix of fee earning businesses a NII su
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