ManpowerGroup Q4 revenue rises in Europe, but falls 3% in US

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ManpowerGroup Inc. (NYSE: MAN) reported fourth-quarter revenue rose 7.3% on a constant currency basis. While US revenue fell 2.7%, revenue rose across Europe with the fastest growth taking place in Italy where revenue rose 28.5% in constant currency. Fourth-quarter revenue in France, the company’s largest single market, rose 12.0% in constant currency.

ManpowerGroup also reported fourth-quarter revenue in its Right Management outplacement segment fell 11.6% in constant currency.

Revenue (US$ millions) Q4 2017 Q4 2016 % change % constant currency Revenue $5,637.5 $4,956.1 13.7% 7.3% Gross profit $934.5 $841.0

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