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ManpowerGroup(MAN) - 2024 Q2 - Earnings Call Transcript
2024-07-19 00:44
财务数据和关键指标变化 - 第二季度收入为45亿美元,同比下降3%,处于指引中值附近 [17] - 调整后EBITDA为1.12亿美元,同比下降9%,EBITDA利润率为2.5% [17] - 调整后每股收益为1.30美元,同比下降12% [17] 各条业务线数据和关键指标变化 - Manpower品牌收入同比下降2%,Experis品牌下降7%,Talent Solutions品牌下降9% [23] - Talent Solutions中的RPO业务收入下降,MSP业务收入增长,Right Management业务收入增长 [23][24] 各个市场数据和关键指标变化 - 美国市场收入同比下降2%,利润率为3.9% [33][34] - 法国市场收入同比下降6%,利润率为3.4% [37] - 意大利市场收入同比下降4%,利润率为7.8% [38] - 英国市场收入同比下降15% [39] - 德国市场收入同比下降18% [40] - 日本市场收入同比增长9% [42] 公司战略和发展方向及行业竞争 - 公司正在调整业务组合,管控成本的同时进行战略投资 [52] - 公司正在加大数字化转型,利用人工智能提升工作流程和生产力 [52][53] - 公司的品牌和服务在行业内保持领先地位,获得多项行业认可 [54][55][56][57] 管理层对经营环境和未来前景的评论 - 地缘政治不确定性持续,经济环境充满挑战,但整体劳动力市场仍然稳健 [9][10][11] - 企业客户正在优先保留和吸引具有专业灵活技能的员工 [12][13] - 公司看到需求稳定,但尚未出现明显的转折点,预计第三季度仍将面临挑战 [16][47] 其他重要信息 - 公司在数字化、创新等方面持续投入,为未来发展奠定基础 [52][53] - 公司在可持续发展方面的努力获得行业认可,成为行业内唯一入选全球最可持续公司前10名的公司 [57][58] 问答环节重要的提问和回答 问题1 **Jeffrey Silber 提问** 询问美国市场的具体情况 [61][62] **Jonas Prising 回答** 美国市场整体趋于稳定,Manpower和Experis业务有所改善,预计第三季度将保持稳定 [62][63] 问题2 **Kartik Mehta 提问** 询问公司的定价环境和永久性业务的情况 [68][69] **Jonas Prising 回答** 定价环境保持理性,永久性业务在欧洲有所下滑,但在美国相对稳定 [69][70] 问题3 **Mark Marcon 提问** 询问Experis业务的具体情况 [77][78][79][80] **Jonas Prising 和 Jack McGinnis 回答** Experis业务整体趋于稳定,第二季度有所改善,第三季度预计将保持稳定 [78][79][80]
ManpowerGroup(MAN) - 2024 Q2 - Earnings Call Presentation
2024-07-18 23:15
July 18, 2024 ManpowerGroup Second Quarter Results FORWARD-LOOKING STATEMENT This presentation contains statements, including statements regarding economic and geopolitical uncertainty, trends in labor demand and the future strengthening of such demand, financial outlook, demand for specific skills within key industries, predictions about the impact of AI and digital transformation on labor markets, the outlook for our business in the regions in which we operate as well as key countries within those regions ...
ManpowerGroup (MAN) Q2 Earnings Surpass Estimates
ZACKS· 2024-07-18 21:40
ManpowerGroup (MAN) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.36%. A quarter ago, it was expected that this staffing company would post earnings of $0.90 per share when it actually produced earnings of $0.94, delivering a surprise of 4.44%.Over the last four quarters, the comp ...
ManpowerGroup(MAN) - 2024 Q2 - Quarterly Results
2024-07-18 19:45
Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nick Hengst +1.414.906.7356 nicholas.hengst@manpowergroup.com ManpowerGroup Reports 2nd Quarter 2024 Results • Revenues of $4.5 billion (-7% as reported, -3% constant currency) • Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region • Gross profit margin of 17.4%. Staffing margins remained solid; permanent recruitment levels stepped down slightly from the previous quarter • SG& ...
ManpowerGroup Reports 2nd Quarter 2024 Results
Prnewswire· 2024-07-18 19:30
Revenues of $4.5 billion (-7% as reported, -3% constant currency)Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific regionGross profit margin of 17.4%. Staffing margins remained solid; permanent recruitment levels stepped down slightly from the previous quarterSG&A reduced further during the quarter (-9% as reported, -7% constant currency, -5% constant currency as adjusted1)$27 million of common stock repurchased during the ...
ManpowerGroup (MAN) Gears Up for Q2 Earnings: What to Expect
ZACKS· 2024-07-13 01:51
ManpowerGroup Inc. (MAN) is scheduled to report its second-quarter 2024 results on Jul 18, before the bell.The company’s earnings surprise history is impressive. Earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering a surprise of 6.4%, on average.Q2 ExpectationsThe Zacks Consensus Estimate for ManpowerGroup’s revenues for the to-be-reported quarter is pegged at $4.5 billion, indicating a 6.9% year-over-year decline. The top line is likely to have been ...
ManpowerGroup to Announce 2nd Quarter 2024 Earnings Results
Prnewswire· 2024-07-02 00:43
MILWAUKEE, July 1, 2024 /PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, today announced that it plans to release 2nd quarter earnings results before the market opens on Thursday, July 18, 2024. Management will discuss the results the same day in a live webcast at 7:30 a.m. Central Time (8:30 a.m. Eastern Time), which can be accessed on the company's website. The webcast will be available for replay at the same URL beginning at 10:30 a.m. Central Time (11:30 a.m ...
ManpowerGroup (MAN) Gains on Acquisitions Amid Rising Expenses
ZACKS· 2024-06-29 00:45
ManpowerGroup (MAN) is focusing on boosting productivity and efficiency using technology. Acquisitions will be beneficial for its top-line growth. However, a rise in expenses might affect its bottom line. MAN reported mixed first-quarter 2024 results. Quarterly adjusted earnings of 94 cents per share surpassed the consensus mark by 4.4% but declined 41.6% year over year mainly due to the run-off Proservia Germany business and Argentina-related currency translation losses. Revenues of $4.4 billion lagged the ...
Despite Challenges, 55% of Employers Predict Increased Hiring Amid AI Adoption
Prnewswire· 2024-06-12 21:01
New ManpowerGroup research reveals promising job growth, rapid AI integration, and strategies for success in the evolving workplace MILWAUKEE, June 12, 2024 /PRNewswire/ -- More than half (55%) of employers expect to increase headcount due to artificial intelligence (AI) and machine learning over the next two years, with less than a quarter (24%) believing there will be no impact and just 18% anticipating reducing headcounts. The findings in ManpowerGroup's new report, "Building a People-First Strategy for ...
Global Hiring Intentions Hold Steady from Q2, Drop Year-over-Year
Prnewswire· 2024-06-11 21:01
The Net Employment Outlook for Q3 2024 is 22%, down 6% compared to Q3 2023 Employers in North America (27%) reported the strongest hiring intentions, followed by Asia Pacific (23%), South and Central Americas (22%), and Europe, Middle East, and Africa (18%). Across sectors, the IT industry continues to report positive hiring intentions at 29%, followed by Financials & Real Estate and Health Care & Life Sciences, both at 27%. More than half (55%) of employers expect to increase headcount due to AI and machin ...