Full-Year 2015 Global Results

•    Revenue for full-year 2015 totalled $10.9 billion, an increase of 20%. Fee revenue increased 14% to $7.7 billion.  Excluding the acquired Global Workplace Solutions business, which CBRE purchased on September 1, 2015, revenue and fee revenue both increased 15% in local currency.
•    Adjusted net income for 2015 rose 23% to $689.2 million, while adjusted earnings per diluted share improved 22% to $2.05.
•    EBITDA rose 14% to $1.3 billion for 2015.
“2015 was another year of exceptional performance for CBRE,” said Bob Sulentic, the company’s president and chief executive officer. “The hard work of our people enabled us to set new company records for total revenue and earnings and drive double-digit top- and bottom-line growth. As important, we made many strategic gains, which have positioned CBRE to continue to create value for our clients and shareholders.”

Hungary

The revenue of CBRE Hungary rose by 35% and the total number of employees doubled in 2015. “With the support of CBRE global platform CBRE Hungary aims to reach leading position in commercial real estate consultancy and property management”, Lóránt Kibédi managing director of CBRE Hungary added.

MarketWatch has listed the most beloved stocks among the S&P 500 by using just one criterion: The stocks on the list must be rated “buy” by at least nine of 10 analysts. According to them CBRE’s implied 12-month upside potential is 44 per cent.    

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