Colliers International Group (TSE:CIGI) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Colliers International Group has reported a strong third quarter for 2024, with revenues rising by 12% to $1.18 billion and adjusted EBITDA increasing by 7%. The company has successfully re-aligned its operating segments, boosting growth across Real Estate Services, Engineering, and Investment Management. Notably, Engineering saw a 21% growth driven by strategic acquisitions, while Capital Markets revenue in Real Estate Services surged by 17%, indicating a robust performance and promising outlook for investors.
For further insights into TSE:CIGI stock, check out TipRanks’ Stock Analysis page.