ManpowerGroup Inc. (NYSE:MAN) Q3 2024 Results Conference Call October 17, 2024 8:30 AM ET

Company Participants

Jonas Prising - Chairman and Chief Executive Officer
Jack McGinnis - Chief Financial Officer

Conference Call Participants

Kartik Mehta - Northcoast Research
Trevor Romeo - William Blair
Mark Marcon - Baird
George Tong - Goldman Sachs
Princy Thomas - Barclays
Josh Chan - UBS
Tobey Sommer - Truist

Operator

Welcome to ManpowerGroup's Third Quarter Earnings Results Conference Call. You'll be put in listen-only mode until the question-and-answer time begins. 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 third quarter 2024 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, then Jack will go through the third quarter results and guidance for the fourth 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.

I recently returned from visits with our teams and clients in Europe, including spending two days with Country Managers from across our key markets. And as market experts. Each of them speaks with CEOs and business leaders every day. Central to our discussions was the broader economic environment and what we are hearing from our clients on-the-ground.

Right now, we see a continuation of the cautious employer approach we've been talking about for some time, particularly in Europe and North America. While the situation is good in Latin America and Asia Pacific. In essence, there hasn't been a significant tone change in the conversations we've been having with employers over the past 12-months.