JLL reports strong start to 2019

Q1 2019 revenue up 7 percent (11 percent local currency) to $3.8B; fee revenue up 3 percent (6 percent local currency) to $1.3B

Capital flows

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Summary Financial Results	Three Months Ended March 31,
($ in millions, except per share data)	2019		2018
Revenue	$	3,820.6	$	3,555.2
Revenue before reimbursements	1,961.6		1,891.1
Fee revenue¹	1,319.1		1,281.5

Net income attributable to common shareholders	$	21.3	$	40.3
Adjusted net income attributable to common shareholders¹	41.1		44.3

Diluted earnings per share	$	0.46	$	0.88
Adjusted diluted earnings per share¹	0.89		0.97

Adjusted EBITDA¹	$	95.4	$	107.7
Adjusted EBITDA, Real Estate Services	77.1		65.3
Adjusted EBITDA, LaSalle	18.3		42.4

_{(1) For discussion of non-GAAP financial measures, see Note 1 following the Financial Statements in this news release.}

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