MarketWatch (01/30/15)

ManpowerGroup reported revenues of $5.1 billion for the fourth quarter of 2014, down 2.5% (up 4.8% in constant currency) from $5.3 billion in the fourth quarter of 2013. Net earnings totaled $117.2 million, up 15.9% (26.3% in constant currency) from $101.2 million in the year-ago quarter. The company’s U.S. revenues totaled $789.5 million in the 2014 fourth quarter, up 5.2% (5.2% in constant currency) from $750.6 million in the 2013 fourth quarter.

For all of 2014, revenues totaled $20.8 billion, up 2.5% (4.0% in constant currency) from $20.3 billion in 2013. Net earnings totaled $427.6 million, up 48.5% (51.4% in constant currency) from $288 million the prior year. U.S. revenues totaled $3.1 billion, up 4.0% (4.0% in constant currency) from $3.0 billion in 2013.

Commenting to investors on global market growth and recovery, ManpowerGroup chief executive officer Jonas Prising said, “We believe the value of our services can be even more important during this time of uncertainty and seen as the preferred form of flexibility.”