ManpowerGroup Inc. (NYSE:MAN) Up 30% Since TWST Interview with CEO Jonas Prising

December 24, 2015

Featured in TWST’s Best CEO Interviews of 2015

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ManpowerGroup Inc.

ManpowerGroup Inc. (NYSE:MAN) stock price has increased approximately 30% since CEO Jonas Prising interviewed with TWST for the Staffing & Outsourcing report, rising from $65 to currently $85 per share.

Jonas Prising
Jonas Prising

In his interview, Prising discussed some of MAN‘s achievements from 2014:

We have continued to execute very well. We have generated very good constant currency growth over the year, and we have been very disciplined in our pricing, so our margins have improved. With our continued focus on productivity and efficiency, we have seen some excellent leverage with some very nice margin expansion. We have executed very well from a financial and operational perspective, and we have also seen our business mix improve. Manpower grew, Experis grew faster and ManpowerGroup Solutions grew fastest, which exactly the strategic shift in our business mix that we are trying to achieve. 2014 was a good year for ManpowerGroup.

Prising also talked about his staffing firm’s competitive advantages:

We have a global footprint that is unmatched in our industry, including an excellent footprint in emerging markets. This gives us fantastic diversification. We have also been named one of the World’s Most Ethical Companies for four consecutive years, giving us the most trusted brand in our industry. Our family of brands is also very strong, and the strength and growth of both Experis and ManpowerGroup Solutions is driving good diversification in terms of business mix through a higher margin mix. As a result, we have very solid plans in terms of our operating margin expansion. We have much to be optimistic about in 2015.