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Randstad says markets remain weak

November 20 2008

Markets continue to weaken and revenue per working day fell 9.5% in October at Randstad Holding NV, the company said in an announcement prior to its analyst conference today. The firm, among the largest staffing companies in the world, said the trend has remained the same in early November.

Still, Randstad said it's targeting an EBITA (earnings before interest, taxes and amortization) margin to average 5% to 6% through the economic cycle.

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