WS Investor
17 Jul 2025, 15:54
ManpowerGroup Reports Q2 Loss Amid Restructuring and Impairment Charges
ManpowerGroup (NYSE: MAN) posted a net loss of $67.1 million, or $1.44 per share, for Q2 2025, compared to a $60.1 million profit a year earlier. Revenues remained flat at $4.5 billion. The loss was driven by an $89 million non-cash goodwill impairment charge and restructuring costs related to business sales in South Africa and New Caledonia.
Adjusted EPS was $0.78, down 43% in constant currency. While Latin America and Asia Pacific showed strong demand, Europe and North America experienced stabilizing trends. The company forecasts Q3 EPS between $0.77 and $0.87.
CEO Jonas Prising noted early signs of stabilization and emphasized continued investment in AI and digital transformation to boost long-term growth.
ManpowerGroup (NYSE: MAN) posted a net loss of $67.1 million, or $1.44 per share, for Q2 2025, compared to a $60.1 million profit a year earlier. Revenues remained flat at $4.5 billion. The loss was driven by an $89 million non-cash goodwill impairment charge and restructuring costs related to business sales in South Africa and New Caledonia.
Adjusted EPS was $0.78, down 43% in constant currency. While Latin America and Asia Pacific showed strong demand, Europe and North America experienced stabilizing trends. The company forecasts Q3 EPS between $0.77 and $0.87.
CEO Jonas Prising noted early signs of stabilization and emphasized continued investment in AI and digital transformation to boost long-term growth.
