ManpowerGroup Inc. (NYSE:MAN) Q4 2023 Earnings Conference Call January 30, 2024 8:30 AM ET

Company Participants

Jonas Prising - Chairman and Chief Executive Officer

Jack McGinnis - Executive Vice President and Chief Financial Officer

Conference Call Participants

Andrew Steinerman - J.P. Morgan

Jeff Silber - BMO Capital Markets

Josh Chan - UBS

Mark Marcon - Baird

Kartik Mehta - Northcoast Research

Manav Patnaik - Barclay’s Capital

Tobey Sommer - Truist Securities

Trevor Romeo - William Blair

Heather Balsky - Bank of America

George Tong - Goldman Sachs

Operator

Welcome to ManpowerGroup's Fourth Quarter 2023 Earnings Call. [Operator Instructions] This call is being recorded. If you care to drop off now, please do so.

I would now like to turn the call over to ManpowerGroup's Chairman and CEO, Mr. Jonas Prising. Sir, you may begin.

Jonas Prising

Welcome and thank you for joining us for our fourth quarter 2023 conference call. Our Chief Financial Officer, Jack McGinnis, is with me today. For your convenience, we have included our prepared remarks within the Investor Relations section of our website at manpowergroup.com. I will start by going through some of the highlights of the quarter and the full year, then Jack will go through the fourth quarter results and guidance for the first quarter of 2024. I will then share some concluding thoughts before we start our Q&A session. Jack will now cover the Safe Harbor language.

Jack McGinnis

Good morning, everyone. This conference call includes forward-looking statements, including statements concerning economic and geopolitical uncertainty, which are subject to known and unknown risks and uncertainties. These statements are based on management's current expectations or beliefs. Actual results might differ materially from those projected in the forward-looking statements. We assume no obligation to update or revise any forward-looking statements.

Slide 2 of our earnings release presentation further identifies forward-looking statements made in this call and factors that may cause our actual results to differ materially and information regarding reconciliation of non-GAAP measures.

Jonas Prising

Thanks, Jack. Two weeks ago, I attended the World Economic Forum Annual Meeting in Davos, Switzerland. The themes from the meeting centered on the uncertain outlook for 2024 caused by increasing geopolitical tensions and slowing economic growth in many parts of the world. At the same time, AI was a major discussion topic, with many believing we are entering a new era of accelerated digital transformation with developments in AI holding the promise of accelerating productivity and growth.