| Item | 2015 result ($) | % rise year on year |
|---|---|---|
| Earnings | 181.3m | 23.54 |
| Revenue | 1.7bn | 9 |
| Earnings per share | 2.29 | 25 |
| Outsourcing and advisory revenue | 634.5m | 32 |
| Lease brokerage revenue | 564m | 17 |
| Sales brokerage revenue | 523.1m | 10 |
Earnings at Colliers International grew by 23.5% to $181.3m (£126m) while revenue rose by 9% to $1.7bn during 2015.
Growth slowed in the final quarter to 3% with revenues of $556.1m, following a bumper Q4 2014.
Earnings per share rose to $2.29, up by 25% on 2014’s figure.
Colliers split from FirstService Corporation midway through 2015, and costs associated with the move affected earnings.
The company’s fastest-growing division over the year was the outsourcing and advisory arm, which reported revenue up by 32% to $634.5m. The lease brokerage division’s revenue rose by 17% to $564m while sales brokerage revenue increased by 10% to $523.1m.
The company completed a string of acquisitions in recent years that helped to lift UK earnings, including the purchase of Hatton Real Estate after the year end.
Chairman and chief executive Jay Hennick said 2015 had been a “transformational year” for the business following the firm’s strong results and its separation from FirstService.
Hennick said: “With several acquisitions completed during the quarter and three more acquisitions completed after year end, Colliers International is advantageously positioned to build further momentum in 2016.”
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