| Item | Q3 2015 result ($m) | % rise from Q3 2014 result (dollar terms) |
|---|---|---|
| EMEA net income | 26 | 62 |
| EMEA revenue | 913 | 9 |
| EMEA project services | 324 | 48 |
| EMEA facilities management | 156 | 4 |
| EMEA advisory | 160 | 26 |
| US revenue | 587 | 16 |
| US capital markets revenue | 226 | 32 |
| Group revenue | 1.5bn | 10 |
JLL’s European net income was up by 62% to $26m (£17m) in the three months to the end of September 2015 compared with the same period in 2014.
Revenue from the EMEA division of the business was up by 9% in dollar terms to $913m for the nine months to the end of September. In local currency the rise was 24%.
The EMEA project and development services business was the highest revenue earner for the business and grew by 48% in local currency terms to $324m. Of that, fees were $111m, up by 30% in local currency terms.
The capital markets business in Europe increased its revenues by 42% over the first nine months of the year to just under $299m from $239m at the same point the year before.
Both divisions dwarfed the revenues from the facilities management business, which posted $156m of revenues for the first nine months, which was an increase of 4% on 2014.
General advisory business generated $160m of revenue, up by 26% in local currency terms on the first nine months of 2014.
Growth rates in Europe were higher than in the US where revenues were up by 16% on the year before to $587m over the quarter.
Capital markets activity was the fastest growing sector for the US business, up by 32% on the year before to $226m over the full nine months to the end of September.
The group’s overall revenue was up by 10% in the three months to the end of September to $1.5bn, taking nine-month revenue to more than $4bn for the first time.
Net income across the business was $243m over the first nine months of 2015.
