Skip Ribbon Commands
Skip to main content

News Release


JLL Reports Strong Second Quarter 2016

Revenue up 17% to $1.6 billion; fee revenue up 14% to $1.3 billion

CHICAGO, August 2, 2016 -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported diversified revenue growth for the second quarter of 2016 resulting in earnings per share of $1.73 and adjusted earnings per share of $1.93.

• Record second-quarter revenue with double-digit growth
• Margin performance reflects expansion of annuity business globally and slowdown in transactional business, particularly in the UK
• Acquisitions and investments in alignment with strategic plan contribute to annuity revenue and stabilizing profit
• Corporate Solutions revenue expansion driven by client wins, renewals and continued technology investments
• LaSalle Investment Management assets under management reach record high of $59 billion with strategic focus on recurring advisory fees while generating strong incentive fees
• Credit facility capacity increased to $2.75 billion and maturity extended to 2021, with improved pricing

Click here to read our full report.