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JLL reported about financial results for the first quarter of 2018

JLL reported about financial results for the first quarter of 2018

Jones Lang LaSalle Incorporated (NYSE: JLL) today reported excellent operating performance for the first quarter of 2018 with diluted earnings per share of $0.88 and adjusted diluted earnings per share1 of $0.97.

Diversified organic revenue growth globally, highlighted by Capital Markets and annuity businesses

  • Margin expansion in Americas, EMEA and LaSalle
    • Americas revenue growth coupled with productivity gains
    • EMEA improvement largely driven by UK, Germany and France
    • Corporate Solutions momentum from recent business wins
    • LaSalle delivered robust incentive fees while generating outstanding value for clients
    • Continued progress on digital agenda
  • Strong cash flows contributed to a year-on-year net debt reduction of more than $470 million
  • Dividend increase of 11 percent to $0.41 per share

“Broad organic revenue growth and margin expansion drove our strong first-quarter performance,” said Christian Ulbrich, JLL CEO. “We achieved these results while continuing to invest in — and make significant progress on — our global digital agenda. With healthy economic and real estate fundamentals in most markets globally, and despite geopolitical challenges, we anticipate continued growth this year.”

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