CHICAGO, April 9, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss first quarter 2024 results on Monday, May 6, 2024, at 9 a.m. Eastern time.The conference call can be accessed live over the phone by dialing (888) 660-6392; the conference ID number is 5398158. Listeners are asked to please dial in 10 minutes prior to the call start time and provide the conference ID number to be connected.The conference call will also be webcast live from th ...

United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Act of 1934 For the fiscal year ended December 31, 2023 Commission File Number 1-13145 Jones Lang LaSalle Incorporated (Exact name of registrant as specified in its charter) Maryland 36-4150422 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 200 East Randolph Drive Chicago, IL 60601 (Address of principal executiv ...

$163 $351 $392 $410 $476 $405 $0 $100 $200 $300 $400 $500 US$ Billions Global office leasing volumes by region, 2007 – 2023 Rental growth for prime office assets, 2007 – 2023 • Global office leasing volumes in the fourth quarter were up 4% versus the prior-year quarter (down 8% for full year), with Asia Pacific up 12%, the U.S. up 9%, while EMEA was down 8% • Signs of stabilization in demand emerged in the fourth quarter, after a year of declines, as companies made progress on their return to office initiat ...

Exhibit 99.1 News Release JLL Reports Financial Results for Fourth-Quarter and Full-Year 2023 Resilient business line revenue growth continued as the pace of the market-wide pullback in transaction activity eased CHICAGO, February 27, 2024 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating income of $290.4 million for the fourth quarter of 2023, up from $254.7 million last year, and $576.5 million for the full year, compared with $868.1 million in 2022. Diluted earnings per share were $3 ...

Third Quarter 2023 】 SEE A BRIGHTER WAY Statements in this presentation regarding, among other things, future financial results and performance, achievements, plans, objectives and shares repurchases may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors, the occurrence of which are outside JLL's control which may cause JLL's actual results, performance, achieve ...

Revenue Performance - For the three months ended September 30, 2023, total revenue was $992.4 million, a decrease of 10.7% compared to $1,111.5 million in the same period of 2022[34]. - Revenue for Q3 2023 was $5,111.4 million, a decrease of 1% compared to $5,177.5 million in Q3 2022[134]. - Fee revenue for Q3 2023 was $1,791.4 million, down 13% from $2,048.6 million in Q3 2022[134]. - For the nine months ended September 30, 2023, total revenue was $14,879.4 million, down 2% from $15,257.3 million in the same period of 2022[135]. - Revenue for the nine months ended September 30, 2023, decreased to $2,924.2 million, down 9% from $3,229.2 million in 2022[168]. - Work Dynamics revenue increased by 7% to $3,514.2 million in Q3 2023 compared to $3,289.8 million in Q3 2022[134]. - Capital Markets revenue fell by 27% to $435.8 million in Q3 2023 from $595.2 million in Q3 2022[134]. - Property Management achieved revenue growth due to portfolio expansion in the Americas and increased fees from interest-rate sensitive contracts in the U.K.[168]. Adjusted EBITDA and Operating Income - Adjusted EBITDA for the consolidated entity was $205.2 million in Q3 2023, down 25.7% from $276.2 million in Q3 2022[36]. - Adjusted EBITDA for Q3 2023 was $205.2 million, a decrease of 26% compared to $276.2 million in Q3 2022[160]. - Operating income decreased by 41% to $119.1 million in Q3 2023 from $202.6 million in Q3 2022[134]. - Adjusted EBITDA margin (local currency basis) decreased to 8.3% in the nine months ended September 30, 2023, from 14.9% in the same period of 2022[135]. - Adjusted EBITDA for the nine months ended September 30, 2023, was $256.1 million, representing a 32% decrease from $377.3 million in 2022[168]. Expenses and Charges - Total operating expenses for Q3 2023 were $4,992.3 million, slightly up by 1% from $4,974.9 million in Q3 2022[134]. - Restructuring and acquisition charges totaled $31.6 million for the three months ended September 30, 2023, compared to $21.0 million in the same period of 2022, representing a 50.7% increase[114]. - Severance and other employment-related charges amounted to $16.4 million for the three months ended September 30, 2023, up from $9.4 million in the prior year, indicating a 74.5% increase[114]. - The total restructuring and acquisition charges for the nine months ended September 30, 2023, were $79.1 million, compared to $66.4 million for the same period in 2022, reflecting an increase of 19.5%[114]. Financial Position and Assets - As of September 30, 2023, contract assets were $425.2 million, a decrease from $444.7 million as of December 31, 2022[26]. - The company’s total contract liabilities decreased to $134.0 million as of September 30, 2023, from $151.4 million as of December 31, 2022[26]. - Goodwill as of September 30, 2023, totaled $4,541.8 million, with identifiable intangibles of $803.2 million and $47.8 million of identifiable intangibles with indefinite useful lives[45]. - Total investments as of September 30, 2023, were $865.2 million, a decrease from $873.8 million as of December 31, 2022[55]. - The balance of identifiable intangibles increased to $1,335.6 million as of September 30, 2023, from $1,304.3 million as of December 31, 2022[49]. Debt and Financing - As of September 30, 2023, total debt increased to $2,078.5 million from $1,750.8 million as of December 31, 2022, reflecting a significant rise in borrowing[97]. - The average outstanding borrowings for the three months ended September 30, 2023, were $2,011.9 million, compared to $1,599.8 million for the same period in 2022, indicating a 25.8% increase[101]. - The average effective interest rate for the nine months ended September 30, 2023, was 5.8%, up from 2.2% in the same period of 2022, showing a substantial rise in borrowing costs[101]. - The company has a $3.35 billion unsecured revolving credit facility maturing on April 14, 2026, with pricing as of September 30, 2023, at Adjusted Term SOFR plus 0.98%[98]. Market and Economic Conditions - The company anticipates that macroeconomic conditions will continue to significantly impact its results of operations[124]. - Transaction-based revenue variability is influenced by the size and timing of clients' transactions, affecting overall revenue consistency[131]. - The company has noted that its quarterly revenue and profits typically increase as the year progresses due to seasonal trends in the real estate industry[132]. - A significant portion of the company's compensation and benefits expense is derived from incentive compensation plans, leading to fluctuations in quarterly expenses[133].

Financial Performance - Consolidated - Consolidated Q2 2023 revenue decreased by 4% both in USD and local currency, reaching $5053 million[68] - Consolidated Q2 2023 fee revenue declined by 13% in local currency (14% in USD), amounting to $1847 million[68] - Consolidated Adjusted EBITDA for Q2 2023 was $116 million, a decrease of 68% from Q2 2022[68] - The Adjusted EBITDA margin for Q2 2023 was 62%, a decrease of 1060 bps[68] - For the first six months of 2023, the adjusted EBITDA was $225 million, a decrease of 65%[18] - For the first six months of 2023, the fee revenue was $3431 million, a decrease of 14%[18] Segment Performance - JLL Technologies' fee revenue grew by 18% in local currency (20% in USD) to $57 million in Q2 2023[2,78] However, Adjusted EBITDA was $(105) million, a decline of 1869%[2,78] - LaSalle's fee revenue increased by 28% in local currency (27% in USD) to $136 million in Q2 2023[5,78], with Adjusted EBITDA at $30 million, a 7% increase[5,78] - Markets Advisory fee revenue decreased by 13% in local currency (13% in USD) to $741 million in Q2 2023[78], with Adjusted EBITDA at $99 million, a decrease of 26%[78] - Capital Markets fee revenue decreased by 34% in local currency (34% in USD) to $436 million in Q2 2023[78], with Adjusted EBITDA at $36 million, a decrease of 72%[78] - Work Dynamics fee revenue increased by 3% in local currency (3% in USD) to $478 million in Q2 2023[78], with Adjusted EBITDA at $56 million, a decrease of 3%[78]

United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number 1-13145 Jones Lang LaSalle Incorporated (Exact name of registrant as specified in its charter) | Maryland | 36-4150422 | | --- | --- ...

Jones Lang LaSalle Incorporated (NYSE:JLL) Q1 2023 Earnings Call Transcript May 4, 2023 9:00 AM ET Company Participants Scott Einberger - Investor Relations Officer Christian Ulbrich - Chief Executive Officer and President Karen Brennan - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Michael Griffin - Citigroup Chandni Luthra - Goldman Sachs Stephen Sheldon - William Blair & Co. Jade Rahmani - KBW Operator Good morning. My Christy and I’ll be your conference operator today. ...

United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number 1-13145 Jones Lang LaSalle Incorporated (Exact name of registrant as specified in its charter) | Maryland | 36-4150422 | | --- | -- ...