Property consultancy Jones Lang LaSalle reported record second-quarter net profit of US$ 77.9 mln (EUR 56.8 mln), or diluted earnings per share of US$2.32, compared with net profit of $65.7 mln, or $1.94 per share, in the year-earlier period. Second-quarter revenues came in at $676 mln, up 33% on the same period in 2006. Operating income for the second quarter was up 20% at US$101.0 mln mln..
Property consultancy Jones Lang LaSalle reported record second-quarter net profit of US$ 77.9 mln (EUR 56.8 mln), or diluted earnings per share of US$2.32, compared with net profit of $65.7 mln, or $1.94 per share, in the year-earlier period. Second-quarter revenues came in at $676 mln, up 33% on the same period in 2006. Operating income for the second quarter was up 20% at US$101.0 mln mln..
JLL said second-quarter 2007 results included a ‘significant’ advisory fee earned in the Asia Pacific Hotels business. The 2006 second quarter results included a $109.5 mln incentive fee earned by the firm’s money management business, LaSalle Investment Management.
