JLL releases transcript of Q2 2026 earnings call

• Jones Lang LaSalle discussed Q2 2026 results on its earnings call attended by CEO Christian Ulbrich, CFO Kelly Howe, IR head Sean Coghlan, and analysts.
• Management highlighted 11% reported revenue growth, adjusted EBITDA up 33%, adjusted EPS up 61%.
• Free cash flow reached $438 million, up 52%; net leverage improved to 0.7x; corporate liquidity totaled $3.4 billion.
• Real-estate management services rose 8%; full-year segment target reaffirmed at mid- to high-single-digit growth, weighted to Q4.
• Share repurchases were $110 million in Q2, $410 million in H1; management expects to stay active on $2.6 billion remaining authorization.

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