Overview
- ManpowerGroup reported Q2 revenue of about $4.9 billion and adjusted EPS of $0.99, beating expectations and reversing a year-ago loss into roughly $53.5 million of net income.
- Adjusted EBITDA rose to $103 million, a 15% increase in constant currency, and adjusted margin improved to about 2.1 percent on the operational rebound.
- The Manpower brand led growth with five consecutive quarters of gains and U.S. Manpower revenue up about 16% on a days‑adjusted basis, reflecting stronger demand in manufacturing, logistics, retail and related sectors.
- Company disclosures said the quarter included the sale of Jefferson Wells US plus transformation, restructuring and liquidation items that together boosted EPS by roughly $0.14, and management issued Q3 guidance calling for about 6% organic revenue growth and an EPS range of $0.96–$1.06.
- Management is advancing AI and cost programs that it expects to scale to nearly 70% of revenue by year‑end and target $200 million of permanent savings by 2028, a plan that helped drive a sharp stock rally to multi‑year highs as investors priced in stronger earnings leverage.