Manpower Records 18 Percent U.S. Revenue Jump

April 22, 2010 – Manpower Inc./(NYSE:MAN) has posted revenues of $4.1 billion for the first quarter ended March 31, 2010, a increase of 13 percent from $3.6 billion a year earlier. Revenues rose by 18 percent in the U.S., nearly 16 percent rise in France and 17 percent in the Asia Pacific region. The Milwaukee-based company recorded earnings of $2.8 million, or four cents per share, compared with a year-ago loss of $1.8 million, or two cents per share. The results beat the average forecast of analysts surveyed by Thomson Reuters, who anticipated losses of seven cents per share on $3.97 billion in revenue. “In all major geographies we are experiencing strong cyclical trends and even stronger secular trends as companies need to respond to the increased demand but want to remain agile,” said Jeffrey A. Joerres, chairman and CEO. “In early April we completed the acquisition of COMSYS IT Partners, Inc. This acquisition is an important component of our strategy, when coupled with our organic growth, as we aggressively expand our presence in the specialty staffing area.”

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