Jones Lang LaSalle(US:JLL)2025-05-07 11:35Financial Performance - JLL's revenue increased by 9% to $5125 million in Q1 2024, compared to $4716 million in Q1 2023[33] - Gross Contract Costs increased by 12% to $3499 million in Q1 2024, compared to $3133 million in Q1 2023[33] - Adjusted EBITDA increased by 66% to $187 million in Q1 2024, compared to $113 million in Q1 2023[33] - Adjusted Net Income increased by 151% to $86 million in Q1 2024, compared to $34 million in Q1 2023[33] - Adjusted Diluted EPS increased by 151% to $1.78 in Q1 2024, compared to $0.71 in Q1 2023[33] Segment Performance - Markets Advisory revenue increased by 5% with adjusted EBITDA up by 33%[36] - Capital Markets revenue increased by 6% with adjusted EBITDA up by 145%[36] - Work Dynamics revenue increased by 11% with adjusted EBITDA up by 102%[36] - JLL Technologies revenue declined by 12% with adjusted EBITDA up by 73%[36] - LaSalle revenue declined by 8% with adjusted EBITDA down by 2%[36] Market Trends - Global direct investment was down 4% in local currency (6% USD) in Q1[10] - Global office leasing volumes in the first quarter were up 7% versus the prior-year quarter[24]