Cushman & Wakefield plc (NYSE:CWK) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET

Company Participants

Len Texter - Head, IR, Global Controller and Chief Accounting Officer

Brett White - Executive Chairman

John Forrester - CEO

Neil Johnston - CFO

Conference Call Participants

Anthony Paolone - JPMorgan

Chandni Luthra - Goldman Sachs

Richard Hill - Morgan Stanley

Michael Griffin - Citi

Matt Filek - William Blair

Doug Harter - Credit Suisse

Operator

Welcome to Cushman & Wakefield's First Quarter 2022 Earnings Conference Call. [Operator Instructions]

It's now my pleasure to introduce Len Texter, Head of Investor Relations, Global Controller and Chief Accounting Officer for Cushman & Wakefield. Mr. Texter, you may begin the conference.

Len Texter

Thank you, and welcome to Cushman & Wakefield's first quarter 2022 earnings conference call. Earlier today, we issued a press release announcing our financial results for the period. This release, along with today's presentation, can be found on our Investor Relations website at ir.cushmanwakefield.com. Please turn to the page labeled Cautionary Note On Forward-Looking Statements.

Today's presentation contains forward-looking statements based on current forecasts and estimates of future events. These statements should be considered estimates only, and actual results may differ materially. During today's call, we'll refer to non-GAAP financial measures as outlined by SEC guidelines. Reconciliations of GAAP to non-GAAP financial measures, definitions of non-GAAP financial measures and other related information are found within our financial tables of our earnings release and appendix of today's presentation.

Also, please note that throughout the presentation, comparison and growth rates are to comparable periods of 2021 and are in local currency, unless otherwise stated. For those of you following along with our presentation, we will begin on Page 4.

And with that, I'd like to turn the call over to Brett White, our Executive Chairman. Brett?

Brett White

Thank you, Len, and thank you to everyone joining us again today. Joining me this afternoon is John Forrester, our CEO, who will give us an update on our operations and the broader market; and Neil Johnston, our CFO, who will review our financial results for the quarter.

Before we begin, I want to recognize our local leaders and colleagues in Central and Eastern Europe who have been doing everything they can to alleviate the human impact of the crisis in Ukraine. I'm incredibly proud of our employees who have been supporting their colleagues throughout this region.