JLL's Q4 2020 results reflect the continued impact of the COVID-19 pandemic on transaction-based service lines, but also demonstrate resilience in Property & Facility Management. The company's cost mitigation actions benefited margin performance, and a record full-year operating cash flow drove debt reduction.
Consolidated revenue was $4.8 billion, a decrease of 12%.
Fee revenue was $2.0 billion, a decrease of 19%.
Diluted earnings per share was $4.80.
Adjusted diluted earnings per share was $5.29.
JLL enters 2021 poised to lead in a post-pandemic environment and generate substantial value for all stakeholders over the long term.
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