Randstad Holding nv reported revenue per working day increased 9% in October, in line with the third quarter, and volumes in November indicate a continuation of that trend. It stated robust growth continued in Europe, and topline growth in North America improved slightly compared to Q3.

The company announced the updates as part of its capital markets day earlier today in London.

In addition, the company forecast cost savings of €90 million to €100 million (approximately US$106 million to US$118 million), per annum by 2019 related to IT, Monster and general benchmarking that will be partially reinvested in digital initiatives. And it said next year it expects further progress toward a long-term goal of 5% to 6% EBITA margin.

The company also reported M&A activity will be limited in 2018.

CFO Robert Jan van de Kraats was one of the executives scheduled to speak today. The company had announced earlier this month that van de Kraats will be stepping down from the CFO role on March 27, 2018.

The company had also reported last month that third-quarter revenue rose 9% on an organic basis.