ManpowerGroup Inc
F:MPW
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ManpowerGroup Inc
F:MPW
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ManpowerGroup Inc
ManpowerGroup is a staffing and workforce services company. It helps employers find, hire, and manage workers through temporary staffing, permanent placement, recruitment process outsourcing, and workforce management services. Its main customers are businesses and public-sector employers that need office, industrial, technical, and professional talent, as well as job seekers looking for work. The company makes money mainly by placing workers with clients and charging a fee or adding a markup to the wages it pays those workers. It also earns service fees from running hiring programs, managing large recruiting projects, and handling parts of a client’s staffing process. In simple terms, it sits between employers and workers and gets paid for making hiring faster and easier. What makes ManpowerGroup different is that it is not an end employer in the usual sense. It is a labor-market middleman that helps companies flex their workforces up and down, fill hard-to-hire roles, and outsource recruiting tasks. That role gives it a steady place in the hiring process even when companies are not expanding their permanent headcount.
ManpowerGroup is a staffing and workforce services company. It helps employers find, hire, and manage workers through temporary staffing, permanent placement, recruitment process outsourcing, and workforce management services. Its main customers are businesses and public-sector employers that need office, industrial, technical, and professional talent, as well as job seekers looking for work.
The company makes money mainly by placing workers with clients and charging a fee or adding a markup to the wages it pays those workers. It also earns service fees from running hiring programs, managing large recruiting projects, and handling parts of a client’s staffing process. In simple terms, it sits between employers and workers and gets paid for making hiring faster and easier.
What makes ManpowerGroup different is that it is not an end employer in the usual sense. It is a labor-market middleman that helps companies flex their workforces up and down, fill hard-to-hire roles, and outsource recruiting tasks. That role gives it a steady place in the hiring process even when companies are not expanding their permanent headcount.
Top line: ManpowerGroup reported first-quarter revenue of $4.5 billion, with 3% organic constant-currency growth, and said revenue trends continued to stabilize across key markets.
Margins: Adjusted EBITDA was $61 million and adjusted EBITDA margin was 1.4%, up 10 basis points year over year but still below the company’s long-term margin ambition.
Transformation: Management announced a global transformation program expected to generate $200 million of savings in 2028, with both back-office and front-office redesigns tied to automation and AI.
AI push: The company described AI as a growth and productivity driver, citing faster screening, better candidate experience, and new offerings such as human-plus-agentic solutions for clients.
Business mix: Manpower brand was strong, Experis remained pressured by U.S. healthcare IT timing, and Talent Solutions improved sequentially even though RPO was still soft.
Outlook: Second-quarter guidance calls for 1% to 5% constant-currency revenue growth and EPS of $0.91 to $1.01, with management expecting the U.S. to return to positive growth.