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CHICAGO, IL

Jones Lang LaSalle Reports 15 Percent Fee Revenue Growth and 21 Percent EPS Growth for Third Quarter 2013

Adjusted EPS of $1.49, fee revenue of $989 million and margin improvement year over year


​CHICAGO, October 28, 2013 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported adjusted earnings per share (“EPS”) of $1.49 for the third quarter of 2013, up from $1.23 in the prior year. Third-quarter revenue was $1.1 billion, an increase of 19 percent. Fee revenue was $989 million, an increase of 15 percent. All percentage variances are calculated on a local currency basis.

 

  • Strong fee revenue growth, led by Capital Markets & Hotels and Property & Facility Management; solid performance in Leasing

  • Double-digit revenue increases in all geographic segments demonstrating global share growth

  • Improved profitability, adjusted EPS up 21 percent, adjusted operating margins up more than 1 percentage point

  • Healthy capital raise by LaSalle Investment Management; $3.3 billion committed year to date

  • Increased strength of investment grade balance sheet; $1.2 billion credit facility renewed and extended at lower cost

  • Semi-annual dividend of $0.22 per share declared by the Board of Directors