Randstad could be on lookout for targets, analysts say
Randstad [RAND.AS], the Dutch staffing agency, could be on the lookout for further M&A targets, De Telegraaf reported citing analysts at Credit Suisse.
The Credit Suisse analysts, however, flagged Randstad's management capacity as a potential hurdle to acquisitions, the item added. In its report Credit Suisse expects 4.1% organic growth in Randstad's turnover in 2017.
Degroof Petercam analyst Marcel Achterberg also sees potential for M&A, as Randstad is currently behind the curve in the professionals sector, the Dutch-language article in De Telegraaf noted.