Colliers International Group, Inc. (NASDAQ:CIGI) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET
Company Participants
Jay Hennick - Global Chairman & CEO
Christian Mayer - CFO
Conference Call Participants
Stephen Sheldon - William Blair & Company
George Doumet - Scotiabank
Stephen MacLeod - BMO Capital Markets
Scott Fromson - CIBC
Daryl Young - TD Securities
Frederic Bastien - Raymond James
Chandni Luthra - Goldman Sachs Group
Maxim Sytchev - National Bank Financial
Operator
Welcome to the Colliers International First Quarter Investors Conference Call. Today's call is being recorded.
Legal counsel requires us to advise that the discussion scheduled to take place today may contain forward-looking statements that involve known and unknown risks and uncertainties. Actual results may be materially different from any future results, performance or achievements computed in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the company's annual information form as filed with the Canadian Securities Administrators and in the company's annual report on Form 10-F as filed with the U.S. Securities and Exchange Commission.
As a reminder, today's call is being recorded today, May 3, 2022. And at this time, for opening remarks and introductions, I would like to turn the call over to the Global Chairman and Chief Executive Officer, Mr. Jay Hennick. Please go ahead, sir.
Jay Hennick
Thank you, operator. Good morning, and thanks for joining us for the first quarter conference call. I'm Jay Hennick, Chairman and Chief Executive Officer of the company, and with me today is Christian Mayer, our Chief Financial Officer. As always, this conference call is being webcast live, and is available in the Investor Relations section of our website. A presentation slide deck is also available to accompany this call.
Today, Colliers delivered very strong first quarter results across all service lines, building on the momentum from last year. Revenue, EBITDA and earnings per share were all up sharply. And we were pleased to see that assets under management in our Investment Management segment was also up considerably.
Last week, we announced the promotion of Chris McLernon to Chief Executive Officer of our Real Estate Services global business. Over the past 12 years as the leader of our EMEA business Chris delivered some very exceptional results. In his new role, Chris will oversee our capital markets, leasing and outsourcing and advisory businesses globally, reporting to me. Having him on board will provide us with the bench strength we need to successfully pursue our ambitious 2025 growth plan.