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SEC Filings

10-Q
JONES LANG LASALLE INC filed this Form 10-Q on 11/06/2017
Entire Document
 

EMEA - Real Estate Services
 
 
 
 
 
% Change
 
Three Months Ended September 30,
Change in
in Local
($ in millions)
2017
2016
U.S. dollars
Currency
Leasing
$
70.4

63.2

7.2

11
%
9
%
Capital Markets & Hotels
107.3

87.4

19.9

23

19

Property & Facility Management
222.2

161.7

60.5

37

37

Property & Facility Management Fee Revenue
161.0

127.0

34.0

27

27

Project & Development Services
170.1

154.1

16.0

10

6

Project & Development Services Fee Revenue
59.7

42.6

17.1

40

36

Advisory, Consulting and Other
65.2

56.3

8.9

16

13

Total revenue
$
635.2

522.7

112.5

22
%
19
%
Gross contract costs
(171.6
)
(146.2
)
(25.4
)
17

14

Total fee revenue
$
463.6

376.5

87.1

23
%
21
%
Compensation, operating and administrative expenses excluding gross contract costs
449.8

367.8

82.0

22

21

Gross contract costs
171.6

146.2

25.4

17

14

Depreciation and amortization
11.6

9.6

2.0

21

20

Total operating expenses
$
633.0

523.5

109.5

21
%
19
%
Operating income (loss)
$
2.2

(0.8
)
3.0

n.m.

n.m.

Equity earnings
$



%
%
Adjusted EBITDA
$
13.9

8.5

5.4

64
%
47
%
n.m. - not meaningful

40


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