ManpowerGroup Posts Revenue Increase

January 30, 2014 – ManpowerGroup/(NYSE:MAN) has posted revenues of $5.3 billion for the fourth quarter ended December 2013, an increase of one percent from $5.2 billion a year earlier. The Milwaukee-based company's earnings jumped to $101.2 million, or $1.25 per share, in the quarter from $53.3, or 68 cents per share, a year ago. Annual revenue dropped to $20.3 billion from $20.68 billion. Full-year net income was $288 million, or $3.62 per share, up from $197.6 million, or $2.47 per share, in the prior year. Jeffrey A. Joerres, ManpowerGroup chairman and CEO, said: “The fourth quarter was a good quarter with solid performances from many of our major geographies and business units. We were able to achieve the upper end of our revenue targets as we are experiencing a slightly more positive environment, particularly in Europe.”

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