tiprankstipranks
Trending News
More News >

Recruit Holdings Reports Strong FY2024 Earnings Growth

Recruit Holdings Reports Strong FY2024 Earnings Growth

Recruit Holdings Co ( (RCRRF) ) has released its Q4 earnings. Here is a breakdown of the information Recruit Holdings Co presented to its investors.

Confident Investing Starts Here:

Recruit Holdings Co., Ltd. is a Japanese company that operates in the human resources and staffing industry, providing job matching platforms and solutions globally. The company has a diverse portfolio that includes HR Technology, Matching & Solutions, and Staffing services.

In its latest earnings report for the fiscal year ending March 31, 2025, Recruit Holdings Co. reported a 4.1% increase in revenue to 3,557.4 billion yen. The company also saw significant growth in its adjusted EBITDA, which rose by 13.5% to 678.8 billion yen, and operating income, which increased by 21.9% to 490.5 billion yen.

Key financial highlights include a 15.5% increase in profit attributable to owners of the parent, reaching 408.5 billion yen, and a 20.1% rise in basic earnings per share to 271.44 yen. Despite these positive results, the company’s total comprehensive income decreased by 31.0% to 383.1 billion yen. The report also noted a successful share repurchase program and a slight increase in dividends per share.

Looking ahead, Recruit Holdings anticipates a slight decline in revenue for FY2025, with a forecast of 3,520.0 billion yen, representing a 1.1% decrease. However, the company expects continued growth in adjusted EBITDA and operating income, projecting increases of 2.7% and 10.1%, respectively. The company remains focused on strategic initiatives to enhance its global HR technology and staffing services.

Overall, Recruit Holdings Co. is poised to maintain its position as a leading player in the HR and staffing industry, leveraging its technological platforms and global reach to drive future growth and profitability.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App