The American staffing group ManpowerGroup ended in lower results in the second quarter than a year earlier. The company also experienced considerable headwinds from negative exchange rate effects.
Turnover fell by 5 percent to 5.4 billion dollars. Excluding exchange rates, sales were flat. The net profit decreased by 8 percent to more than 127 million dollars on an annual basis. According to ManpowerGroup, major differences are visible in the global labor markets where the company operates. The company indicated that it expected improvement in organic growth in the third quarter.
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