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JLL News
JLL Events
JLL Appoints Paul Morgan as COO
JLL announced the appointment of Paul Morgan to the role of COO, effective immediately. Morgan will join the firm's Global Executive Board, reporting directly to Christian Ulbrich, President and CEO of JLL. Morgan will play a key role in the execution of Accelerate 2030, JLL's long-term strategy designed to advance its core leadership position, bring the full strength of JLL to every client engagement, and operate on a unified, technology-enabled platform. Morgan previously served as the COO of Real Estate Management Services at JLL, where he led comprehensive building lifecycle solutions to maximize client returns on real estate investments.
JLL Reports Q1 Revenue of $6.4 Billion
Reports Q1 revenue $6.4B, consensus 6B. "JLL achieved very strong results to start the year," said Christian Ulbrich, JLL CEO. "We continue to deliver robust growth with margin expansion and market share gains as clients focus on trusted partnerships and the highest-quality insight and execution. In a fluid macro environment, our Accelerate 2030 strategy positions JLL for long-term sustainable growth and expanding returns as we further build on our data and AI advantage and scale our core services."
JLL to Imminently Launch $200M Accelerated Share Repurchase
JLL to imminently launch $200M accelerated share repurchase
Jones Lang LaSalle Launches Accelerate 2030 Strategy with 8% Annual Revenue Growth Target
Jones Lang LaSalle hosted its Investor Briefing, during which Christian Ulbrich, Chief Executive Officer & President, Kelly Howe, Chief Financial Officer, and other members of JLL's global leadership introduced: Accelerate 2030, the company's multi-year strategy designed to advance JLL's competitive position across its core businesses and drive value creation. Long-term financial targets of 8% annual revenue growth, 12% annual adjusted EBITDA growth and 16% annual adjusted EPS growth, on average through the cycle; and Increased share repurchase program to $3B, the largest in company history, with plans to imminently launch a $200M accelerated share repurchase. "Accelerate 2030 builds on JLL's strengths - actionable intelligence, trusted advice and seamless execution. As our industry evolves and opportunities expand across markets, we are sharpening our focus, deepening client relationships and investing strategically in our platform, data and people. With our resilient platform, strong balance sheet and disciplined capital allocation strategy, we are well positioned to build on the momentum underway and capture the significant runway for growth we see across our portfolio," Ulbrich said. "These long-term financial targets reflect our confidence in JLL's trajectory and our ability to drive top- and bottom-line growth, margin enhancement and cash generation, through the cycle," said Howe. "As we look ahead, we have the financial strength and flexibility to continue to invest in high-return opportunities while returning capital to shareholders."
Financial Targets: 8% Annual Revenue Growth and 12% Adjusted EBITDA Growth
Financial targets also include 8% annual revenue growth and 12% annual adjusted EBITDA growth.
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