SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 27, 1999 MANPOWER INC. (Exact name of registrant as specified in its charter) Wisconsin 1-10686 39-1672779 (State or other jurisdiction (Commission file number) (IRS Employer of incorporation) Identification No.) 5301 North Ironwood Road Milwaukee, Wisconsin 53217 (Address of principal executive offices) Registrant's telephone number, including area code: (414) 961-1000Item 5. Other Events. On July 27, 1999, Manpower Inc. made available certain operating unit results for the three and six month periods ended June 30, 1999 and 1998. Item 7. Exhibits. Exhibit No. Description 99.1 Operating Unit Results
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MANPOWER INC. Date: July 26, 1999 /s/ Michael J. Van Handel ------------------------------- Michael J. Van Handel Senior Vice President - Chief Financial Officer, Treasurer and Secretary
EXHIBIT INDEX Exhibit No. Description 99.1 Operating Unit Results.
Exhibit 99.1 Manpower Inc. Operating Unit Results (in thousands) 3 Months Ended June 30, 6 Months Ended June 30, 1999 1998 1999 1998 Revenues from services: United States (a) $ 560,092 $ 538,499 $1,075,921 $1,037,572 France 893,336 900,685 1,721,359 1,622,074 United Kingdom 264,704 254,473 537,507 502,707 Other Europe 357,212 262,207 684,134 493,045 Other Countries 252,253 180,239 483,912 353,571 $2,327,597 $2,136,103 $4,502,833 $4,008,969 Earnings before income taxes: United States $ 21,023 $ 20,284 $ 34,341 $ 35,544 France 21,302 18,150 34,665 30,216 United Kingdom 7,467 5,592 14,338 12,985 Other Europe 12,582 7,310 21,941 13,427 Other Countries 4,269 5,458 7,661 12,617 Other Corporate Expenses (11,231) (11,859) (20,742) (23,091) Non-recurring expenses (28,000) - (28,000) - Operating profit 27,412 44,935 64,204 81,698 Interest and other expense (b) 5,047 4,352 9,887 7,496 Earnings before taxes $ 22,365 $ 40,583 $ 54,317 $ 74,202 Foot notes: (a) Total system wide sales in the United States, which includes sales of Company-owned branches and franchises were $930,526 and $894,951 for the three months ended June 30, 1999 and 1998, respectively, and $1,780,916 and $1,726,200 for the six months ended June 30, 1999 and 1998, respectively. (b) The components of interest and other expense (income) were: Net interest expense $ 1,966 $ 2,417 $ 3,708 $ 3,337 Translation loss (gain) (63) 1,169 913 2,407 Other 3,144 766 5,266 1,752 $ 5,047 $ 4,352 $ 9,887 $ 7,496 (c) The above presentation is for informational purposes and is not intended to conform to U.S. generally accepted accounting principles.