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CIGI-News
CIGI-Events
Colliers Reports Q2 Revenue of $1.57B, Exceeds Expectations
Reports Q2 revenue $1.57B, consensus $1.52B. "Colliers delivered another strong quarter, with double-digit revenue growth across all three platforms, healthy internal growth and continued improvement in earnings quality," said Jay S. Hennick, Global Chairman & CEO. "Our results increasingly reflect the strength of our broader, more diversified professional-services platform with greater durability and multiple avenues for growth."
Colliers Acquires Engineering Firm Pluritec
Colliers announced that Colliers Engineering, through its Canadian platform, Englobe, has entered into an agreement to acquire Pluritec, a multidisciplinary engineering consulting firm in Quebec. Pluritec's senior team will become shareholders of Englobe under Colliers' partnership model and will play a role in leadership going forward. Terms of the transaction were not disclosed.
Colliers International Plans to Buy Back 4.3 Million Subordinate Voting Shares
Colliers International announced that the Toronto Stock Exchange has accepted a notice of its intention to make a normal course issuer bid with respect to its outstanding subordinate voting shares. The notice provides that Colliers may, during the twelve month period commencing May 15 and ending no later than May 14, 2027, purchase through the facilities of the TSX, alternative Canadian Trading Systems or Nasdaq up to 4.3M subordinate voting shares in total, being approximately 10% of the 43,850,289 shares comprising the "public float" as of May 12 of such class of shares.
Colliers Q1 Revenue $1.31B Beats Expectations
Reports Q1 revenue $1.31B, consensus $1.27B. "Colliers delivered a strong start to 2026, demonstrating the strength and durability of our diversified professional services and investment management platform. We executed to plan in a still-uneven operating environment, with continued momentum in our resilient businesses and ongoing improvement in Commercial Real Estate transaction activity. Importantly, our results underscore the platform we've built - a global business designed to perform through every stage of the economic cycle. During the quarter, we strengthened our leadership team to capitalize on expanding opportunities across Commercial Real Estate and Engineering. We enhanced our financial flexibility with $400 million of long-term debt financing and we extended our revolving credit facility - positioning us to integrate the acquisition of Ayesa Engineering, which we expect will close later this quarter. Our world-class leadership team remains focused on delivering durable growth and long-term shareholder value," said Jay S. Hennick, Global Chairman and CEO.
Colliers International Files Automatic Mixed Securities Shelf
Colliers International files automatic mixed securities shelf
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