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Cushman & Wakefield(CWK) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Q1 2025 - Fee revenue reached $1.5 billion, a 4% increase compared to Q1 2024[15] - Adjusted EBITDA increased by 24% to $96 million[15] - Adjusted EBITDA margin improved by 103 bps to 6.2%[15] - Adjusted EPS (Diluted) was $0.09, a significant increase from $0.00 in Q1 2024[17] Revenue Breakdown by Service Line - Leasing fee revenue increased by 9%, driven by growth in the Americas and APAC regions[15] - Capital Markets fee revenue increased by 11%, with growth across all regions[15] - Services fee revenue increased by 1%, with organic Services fee revenue up by 4%[15] Regional Performance - Americas fee revenue increased by 6%[21] - EMEA fee revenue decreased by 9%[21] - APAC fee revenue increased by 7%[21] Capital Structure - The company repaid an additional $25 million in debt and repriced $1.0 billion of term loan debt maturing in 2030, reducing the interest rate by 25 bps[15] - Liquidity at the end of Q1 2025 was $1.7 billion, including $0.6 billion in cash and $1.1 billion available from the revolving credit facility[15]