ManpowerGroup (MAN) Tops Q3 EPS by 3c, Offers Guidance

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Go back to ManpowerGroup (MAN) Tops Q3 EPS by 3c, Offers Guidance

ManpowerGroup Reports 3rd Quarter 2022 Results

October 20, 2022 7:30 AM EDT

Revenues of $4.8 billion (-7% as reported, +5% constant currency (CC))Gross profit margin of 18.3%, reflecting improved business mix and continued strength of permanent recruitment feesContinued strong year over year margin expansion with improved EBITA and operating profit marginsStrong revenue performance of higher margin Experis and Talent Solutions brands. Performance of Manpower brand reflected stabilization of the revenue trend in France during the quarter and an ongoing sluggish automotive sector in Europe  Repurchased $85 million of common stock and repaid remaining $50 million of debt related to the U.S. Experis... More