ManpowerGroup News Release (02/01/12)
ManpowerGroup reported revenues for the fourth quarter of 2011 totaled $5.5 billion, an increase of 5% from the year earlier period. Revenues from U.S. operations totaled $765.9 million for the fourth quarter, 1.4% less than the $777.1 million reported for the same period in 2010. For the entire year of 2011, revenues from U.S. operations totaled $3.137 billion, a 12.7% increase from the $2.783 billion reported for 2010.
“We had a strong fourth quarter performance,” says Jeffrey Joerres, ManpowerGroup chairman and chief executive officer. “The team executed well both operationally and strategically—we were able to achieve a 29% increase in underlying operating profit for the fourth quarter and 61% for the year, while substantially moving forward our strategic drivers.”
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