ManpowerGroup Posts 24 Percent Revenue Gain

July 29, 2011 – ManpowerGroup/(NYSE:MAN) has posted revenues of $5.7 billion for the second quarter ended June 30, 2011, a increase of 24 percent from a year earlier. The Milwaukee-based company recorded earnings of $72.7 million, or 87 cents per diluted share, compared to net earnings of $32.7 million, or 40 cents per diluted share, a year earlier. ManpowerGroup chairman and CEO Jeffrey A. Joerres, said: “We continued to drive solid revenue growth with all geographies participating; Mexico, France and Italy all grew in excess of 15 percent in constant currency. Our emerging markets grew in excess of that. Experis, our professional resourcing brand, performed well, with global revenue increasing 12 percent in constant currency. These solid revenue gains clearly contributed to very good operational leverage. In the latter part of June certain markets experienced softening, however, we continue to be optimistic that we will achieve good year-over-year growth.”

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