Andy Grobler's questions to ManpowerGroup Inc (MAN) leadership • Q2 2025
Question
Andy Grobler of BNP Paribas inquired about client sentiment in Germany given upcoming fiscal spending, and asked if the company's back and front office system transformations are on track to deliver efficiencies by 2026.
Answer
Chairman & CEO Jonas Prising responded that German clients remain cautious, not expecting a material impact in 2025 but hopeful for 2026. Both Prising and EVP & CFO Jack McGinnis confirmed the technology transformations are on track, with nearly 65% of revenue on the back-office platform and 90% on the front-office platform, positioning them for expected benefits in 2026.