Strong Revenue and Earnings Growth
Consolidated revenue increased 10%, adjusted EBITDA grew 17%, and adjusted EPS was up 29%.
Resilient Business Performance
Double-digit growth in resilient business lines led by Workplace Management and Project Management, demonstrating scalability and untapped potential for outsourcing.
Capital Markets Services Growth
Revenue from Capital Markets Services grew 7%, with Investment Sales and Debt Advisory businesses increasing by 14% and 27%, respectively.
Improved Financial Metrics
Meaningful margin expansion, increased free cash flow, and a reduction in net leverage to 1.2x from 1.7x a year earlier.
Positive Outlook for Full Year
Raised the low end of the full-year adjusted EBITDA target range by $50 million, resulting in a new range of $1.3 billion to $1.45 billion.