ManpowerGroup reports adjusted EPS of $1.29 for the third quarter of 2024, down 8% in constant currencies, on revenues of $4.5 billion, down 3% on a reported basis and 2% at constant exchange rates.
The human resources services group reports the continuation of a challenging environment in North America and Europe over the past quarter, but also good demand in Latin America and the Asia-Pacific region.
Management says it 'took additional cost measures during the quarter in view of the prolonged duration of the current environment', and expects EPS of between $0.98 and $1.08 for the last three months of the year.
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ManpowerGroup Inc. is a workforce solutions company. The Company's workforce solutions and services include recruitment and assessment, upskilling, reskilling, training and development, career management, outsourcing, and workforce consulting. The Company's portfolio of recruitment services includes permanent, temporary and contract recruitment of professionals, as well as administrative, industrial and information technology (IT) professional positions. These services are provided under its Manpower and Experis brands. Its Talent Solutions brand specializes in the delivery of customized workforce strategies and new solutions and creating added value that addresses its clientsâ complex global workforce needs. Its Talent Solutions combine global offerings of recruitment process outsourcing (RPO), TAPFIN - Managed Service Provider (MSP) and right management to provide data-driven capabilities that help organizations with their workforce transformation.
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