ManpowerGroup (MAN) Reports In-Line Q2 EPS, Offers Guidance

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Go back to ManpowerGroup (MAN) Reports In-Line Q2 EPS, Offers Guidance

ManpowerGroup Reports 2nd Quarter 2022 Results

July 19, 2022 7:30 AM EDT

Revenues of $5.1 billion (-4% as reported, +6% constant currency (CC))Gross profit margin of 18.2%, aided by high levels of permanent recruitment activityContinued strong performance of higher margin brands with significant revenue growth in Experis and Talent Solutions. Manpower performance was more modest due to supply chain disruptions in certain European marketsImproved profitability with expanded EBITA and operating profit margins$100 million of common stock repurchased during the quarterRefinanced existing 400 million Euro Note, extending maturity from September 2022 to June 2027

MILWAUKEE, July... More