ManpowerGroup 2004 Annual Report Download - page 91

Download and view the complete annual report

Please find page 91 of the 2004 ManpowerGroup annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 98

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

MANPOWER INC. 2004 Annual Report89
First Second Third Fourth
Quarter Quarter Quarter Quarter Total
Year Ended December 31, 2004
Revenues from services $ 3,334.1 $ 3,622.4 $ 3,900.8 $ 4,072.7 $ 14,930.0
Gross profit 616.5 679.3 728.1 764.2 2,788.1
Operating profit 56.2 95.2 126.9 117.5 395.8
Net earnings 39.6 53.1 83.4 69.6 245.7
Net earnings per share $ 0.46 $ 0.59 $ 0.93 $ 0.77 $ 2.76
Net earnings per share – diluted (a) $ 0.43 $ 0.56 $ 0.87 $ 0.73 $ 2.59
Dividends per share $ — $ 0.10 $ — $ 0.20 $ 0.30
Market price:
High $ 49.14 $ 50.77 $ 49.30 $ 49.67
Low 41.20 46.00 38.71 41.99
Year Ended December 31, 2003
Revenues from services $ 2,678.7 $ 3,013.4 $ 3,203.2 $ 3,289.2 $ 12,184.5
Gross profit 466.0 521.5 549.6 599.7 2,136.8
Operating profit 33.0 57.0 78.8 89.1 257.9
Net earnings 14.9 29.1 43.8 49.9 137.7
Net earnings per share $ 0.19 $ 0.38 $ 0.56 $ 0.64 $ 1.77
Net earnings per share – diluted (a) $ 0.19 $ 0.36 $ 0.53 $ 0.61 $ 1.69
Dividends per share $ — $ 0.10 $ — $ 0.10 $ 0.20
Market price:
High $ 34.71 $ 38.28 $ 39.99 $ 47.54
Low 27.50 29.91 34.64 37.55
(a) In the fourth quarter of 2004, we adopted EITF 04-8. Previously reported Net Earnings Per Share – Diluted amounts have been restated to reflect the impact of
applying the “if-converted” method to our Debentures. (See note 3 for further information.)
QUARTERLY DATA (UNAUDITED)
in millions, except share and per share data