Randstad Posts Lower Q3 Profit

Dutch group Randstad Holding NV (OTC: RANJY) reported a drop in its third-quarter net profit.

Randstad's quarterly revenue rose 4% to EUR4,396.8 million, while net profit dropped 13.5% to EUR68,8 million.

Its gross margin came in at 18.2% in the quarter.

Randstad shares closed at $16.92 yesterday.