Commercial property services company Jones Lang LaSalle (NYSE: JLL) strategic growth plan remains on track, but you wouldn’t think it from looking at its declining EBITDA in the first half of the year. No matter, it’s all part of the company’s acquisition led expansion plans, which management hopes will generate strong earnings growth in the years to come. The second-quarter earnings saw the company aggressively growing its top-line while generating, what management called “underlying operating momentum.”
Starting with the headline numbers from the quarter: