JLL Q2 2020 Earnings Report
Key Takeaways
JLL reported a decrease in consolidated revenue and fee revenue by 13% and 22% respectively, with transaction-based service lines being heavily impacted by the pandemic. However, the resilience of Property & Facility Management, led by Corporate Solutions, demonstrated the strength of globally-diversified platform. Significant debt reduction continued to underscore strong balance sheet and liquidity.
Consolidated revenue was $3.7 billion and fee revenue was $1.2 billion, decreases of 13% and 22%, respectively
Transaction-based service lines heavily impacted by pandemic
Resilience of Property & Facility Management, led by Corporate Solutions, demonstrated the strength of globally-diversified platform
Significant debt reduction continued to underscore strong balance sheet and liquidity
JLL
JLL
JLL Revenue by Segment
JLL Revenue by Geographic Location
Forward Guidance
JLL is well-positioned to withstand the impact of the pandemic and then resume their growth journey.
Revenue & Expenses
Visualization of income flow from segment revenue to net income