Core Viewpoint - Kelly Services reported a mixed financial performance for Q2 2025, with revenue growth driven by acquisitions but organic revenue decline due to reduced demand in certain sectors [3][6][9]. Financial Performance - Q2 2025 revenue reached $1.1 billion, a 4.2% increase year-over-year, primarily due to the acquisition of Motion Recruitment Partners, LLC [3][9]. - On an organic basis, revenue decreased by 3.3%, with a notable decline in demand for U.S. federal government contractors [3][6]. - Operating earnings for Q2 2025 were $22.2 million, up from $12.2 million in Q2 2024, while adjusted earnings were $24.6 million compared to $28.1 million in the prior year [4][5][9]. - Adjusted EBITDA for Q2 2025 was $37.0 million, down 8.7% from the previous year, with an adjusted EBITDA margin of 3.4%, a decrease of 40 basis points [4][9]. Earnings Per Share - Earnings per share (EPS) for Q2 2025 were $0.52, significantly higher than $0.12 in Q2 2024. Adjusted EPS was $0.54, down from $0.71 year-over-year [5][9]. Year-to-Date Performance - For the 26-week period ending June 29, 2025, revenue totaled $2.3 billion, a 7.8% increase compared to the same period in 2024, again driven by the MRP acquisition [6][8]. - Year-to-date operating earnings were $33.0 million, down from $39.0 million in 2024, with adjusted earnings of $46.7 million compared to $51.2 million in the prior year [7][8]. Segment Performance - The Education segment showed growth of 5.6% in Q2 2025, while the Science, Engineering & Technology segment reported a 19.4% increase in revenue [21][22]. - The Enterprise Talent Management segment experienced a revenue decline of 3.9% in Q2 2025 compared to the previous year [21][22]. Dividend Declaration - The board of directors declared a quarterly cash dividend of $0.075 per share, payable on September 3, 2025 [11]. Leadership Transition - Kelly announced the appointment of Nick Zuhlke as the new Chief Accounting Officer, effective August 11, 2025, succeeding Laura Lockhart [13].

Core Insights - ManpowerGroup reported $4.52 billion in revenue for the quarter ended June 2025, showing no year-over-year change, with an EPS of $0.78 compared to $1.30 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $4.35 billion by +3.78%, while the EPS surpassed the consensus estimate of $0.69 by +13.04% [1] Revenue Breakdown - Revenues from Services- Americas: $1.06 billion, exceeding the average estimate of $1.03 billion, with a year-over-year change of -0.4% [4] - Revenues from Services- APME: $525.3 million, above the average estimate of $507.62 million, representing a -3% year-over-year change [4] - Revenues from Services- Southern Europe: $2.15 billion, surpassing the average estimate of $2.06 billion, with a +2.5% year-over-year change [4] - Revenues from Services- Northern Europe: $794.4 million, exceeding the average estimate of $761.32 million, showing a -5.1% year-over-year change [4] - Revenues from Services- Southern Europe- Other Southern Europe: $524.1 million, above the average estimate of $488.79 million, with a +9.6% year-over-year change [4] - Revenues from Services- Southern Europe- France: $1.15 billion, slightly above the average estimate of $1.12 billion, with a -3% year-over-year change [4] - Revenues from Services- Americas- United States: $674.1 million, exceeding the average estimate of $671.45 million, with a -3.3% year-over-year change [4] - Revenues from Services- Americas- Other Americas: $385.9 million, above the average estimate of $357.07 million, with a +5% year-over-year change [4] - Revenues from Services- Southern Europe- Italy: $475.9 million, exceeding the average estimate of $448.47 million, with a +9.4% year-over-year change [4] Profitability Metrics - Operating Unit Profit- Corporate expenses: reported at $-55.1 million, compared to the average estimate of $-40.68 million [4] Stock Performance - Manpower shares have returned +8.3% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Group 1 - Logent Finland Bidco Oy, an indirect subsidiary of SSCP Lager BidCo AB, has agreed to acquire all shares of HUB logistics Finland Oy, with the acquisition expected to close on June 23, 2025, subject to customary conditions [1] - The acquisition aims to enhance Logent's service offerings and value delivery in the Finnish market and Northern Europe [4] - After the acquisition, Logent is projected to achieve pro forma Net Sales of approximately SEK 2.7 billion and Adj. EBITDA of around SEK 270 million by the first quarter of 2025 [5] Group 2 - Logent has mandated Nordea Bank Abp and Pareto Securities AS as joint bookrunners for a Subsequent Notes Issue, with an expected volume of SEK 200 million [2] - The net proceeds from the Subsequent Notes Issue will be used for the acquisition, transaction costs, and general corporate purposes, leading to an aggregate outstanding nominal amount of SEK 1,050 million under the notes loan [3] - The company reports a pro forma net debt position of approximately SEK 1,010 million after the acquisition [5] Group 3 - Logent is an independent logistics partner with a Nordic base, offering a wide range of services including warehouse design, transport management, and staffing services, achieving a turnover of about SEK 2.4 billion since its inception in 2006 [8]

Company Overview - SSCP Lager BidCo AB (publ) has published its interim report for the first quarter of 2025, covering the period from January 1 to March 31, 2025 [1] - Logent Group, the company under SSCP Lager BidCo AB, operates as a comprehensive and independent logistics partner with a Nordic base and global networks [3] - Logent has achieved a turnover of approximately SEK 2.3 billion since its inception in 2006 and currently employs around 2,800 people [3] Financial Information - The interim report for Q1 2025 is available for download on the company's website [1] - The report is part of the company's obligations under the EU Market Abuse Regulation and Swedish financial regulations [2][4]