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home / news releases / MAN - ManpowerGroup: Europe Macro To Continue Weighing On Growth Recovery

MAN - ManpowerGroup: Europe Macro To Continue Weighing On Growth Recovery

ManpowerGroup

2024-01-31 21:31:41 ET

Summary

  • ManpowerGroup Inc.'s revenue fell by 3.7% in the fourth quarter of 2023, slightly better than expected.
  • The company's profitability continues to decline, with EBITA margins contracting by 100 bps year over year.
  • The weak macro conditions in Europe, where ManpowerGroup is heavily exposed, suggest limited hope for recovery in FY24.

Summary

For further details see:

ManpowerGroup: Europe Macro To Continue Weighing On Growth Recovery
Stock Information
Company Name: ManpowerGroup
Stock Symbol: MAN
Market: NYSE
Website: manpowergroup.com
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