ManpowerGroup Inc
XMUN:MPW
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
M
|
ManpowerGroup Inc
XMUN:MPW
|
US |
|
Nov Inc
NYSE:NOV
|
US |
|
Lubelski Wegiel Bogdanka SA
F:UXX
|
PL |
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.
Revenue beat: ManpowerGroup said second-quarter revenue was $4.9 billion, up 6% in constant currency, and management said results were ahead of expectations thanks to stronger client demand and better execution.
Margin progress: Adjusted EBITA margin was 2.1%, up 10 basis points year over year, while gross margin held at 16.1% despite a mix shift and the Jefferson Wells sale.
Broad improvement: Manpower posted its fifth straight quarter of growth, Experis improved to a 2% decline from 9%, and Talent Solutions was flat after a 1% decline in Q1.
Outlook: Third-quarter guidance calls for EPS of $0.96 to $1.06 and revenue growth that implies another 6% organic days-adjusted increase at the midpoint.
AI momentum: Management said AI tools are already improving hiring speed, with one early-funnel tool cutting time to fill by 67%, and they expect AI partnerships to become a new revenue stream.
Cost actions: The company reiterated its transformation program targeting $200 million of permanent cost savings in 2028 and said it is on track with the rollout.
