Jones Lang LaSalle Incorporated Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
For the year, the company reported revenue of USD 4,461.591 million compared to USD 3,932.830 million a year ago. Operating income was USD 368.819 million compared to USD 289.403 million a year ago. Income before income taxes and non-controlling interest was USD 365.444 million compared to USD 278.087 million a year ago. Net income was USD 273.352 million compared to USD 208.843 million a year ago. Net income attributable to the company was USD 269.865 million compared to USD 208.050 million a year ago. Net income attributable to common shareholders was USD 269.456 million compared to USD 207.556 million a year ago Diluted earnings per common share were USD 5.98 compared to USD 4.63 a year ago. EBITDA was USD 480.015 million compared to USD 392.070 million a year ago. Adjusted EBITDA was USD 229.276 million compared to USD 209.428 million a year ago. Cash provided by operating activities were USD 293.167 million compared to USD 327.698 million a year ago. GAAP diluted earnings per share were USD 5.98 compared to USD 4.63 a year ago. Adjusted diluted earnings per share were USD 6.32 compared to USD 5.48 a year ago. Total net debt was USD 437 million, making this the second consecutive year that the firm has reduced net debt by more than USD 100 million. Adjusted net income was USD 285 million, up 16% from last year.