Colliers International Group Inc. announced strong operating and financial results for the fourth quarter and full year ended December 31, 2024. Fourth-quarter revenues reached $1.50 billion, up 22% year-over-year, with adjusted EBITDA increasing 14% to $225.3 million and adjusted EPS rising 13% to $2.26.
For the full year 2024, revenues were $4.82 billion, up 11%, while adjusted EBITDA grew 8% to $644.2 million and adjusted EPS increased to $5.75. The Engineering segment was a key driver, with Q4 revenues surging 61% to $421.4 million, and full-year revenues up 25% to $1.24 billion.
Real Estate Services revenues in Q4 grew 12% to $943.5 million, led by a 23% rebound in Capital Markets activity. Investment Management revenues increased 6% to $136.6 million in Q4, with AUM reaching $98.9 billion at year-end. For 2025, Colliers projects high single-digit to low-teens percentage revenue growth and low-teens adjusted EBITDA and adjusted EPS growth.
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