Colliers posts robust figures for first half of 2018

Colliers International has reported strong results for the first half of 2018, recording a 15% jump in adjusted EBITDA to $106m (£80.6m), up from $91.5m.

Adjusted earnings per share for the group also increased by 23% to $1.39 (£1.06), while operating earnings were up 13.3% from $54.1m to $61.3m and net earnings were up 13.7% to $37.3m for the six months ended June.

In addition, group revenue was up to $1.22bn from $1.05bn.

For the company’s European, Middle East and Africa operations, adjusted EBITDA hit $21.5m in the second quarter, up from $17.5m for the same