JLL reported strong second-quarter results with revenue up 12% in local currency, driven by growth in Resilient and Transactional revenue streams. The company's cost management efforts contributed to improved profitability and a decrease in net debt.
Revenue increased by 12% in local currency, reaching $5.6 billion.
Resilient revenues grew by 16% in local currency, with Work Dynamics leading the growth.
Transactional revenues increased by 5% in local currency.
Net debt decreased by nearly $150 million due to higher cash provided by operating activities.
The company did not include forward guidance in this report.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance