Colliers International Group Inc. · TSX:CIGI
Colliers International — Q1 2016 Earnings Presentation
14 slides from Colliers International's earnings presentation, Apr 26, 2016
Slide 1: First Quarter 2016 Financial Results
Colliers International Group Inc. First Quarter 2016 Financial Results Aon, 2016
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements included herein constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors which may cause the
Slide 3: First Quarter 2016 Results
First Quarter 2016 Results '+ Strong operating results for frst quarter despite foreign currency headwinds © 60% of Q1 2016 revenues were generated outside the US + Continued revenue diversification © 42% of Q1 2016 revenues from Outsourcing & Advisory services, up from 39% in prior period Completed
Slide 4: First Quarter 2016 Results Summary
First Quarter 2016 Results Summary (US$ millions, except per share amounts) Revenue 3784 3358 ‘Adjusted EBITOA 222 148 52% cox EBITDA Margin 50% 43%, GAAP EPS 19) oz nw. Adjusted EPS 019 o10
Slide 5: First Quarter 2016 Consolidated Revenues
First Quarter 2016 Consolidated Revenues (US$ millions) a1 Revenue aes 3358 uteoureing& Adviser ®> ‘Sales Brokerage Lense Brokerage 2016 2018 Teal mw
Slide 6: First Quarter Geographic Split
First Quarter Geographic Split (US$ millions) 1 2016 Revenue 4 2046 Adjusted EBITOA ‘sia acc americas 216 £21 2015 Revenue (1 2015 Adjusted EBITDA ‘sia Pace Asin Pace
Slide 7: Americas
Americas (US$ millions) + 496 intemal revenue grovdh in local curtencies and 14% growth trom recent aequstions Internal growth was driven by Outsourcing & Advisory, particularly property management and valuation services “+ Margin expansion from operating leverage and favorable impact of acquisition
Slide 8: EMEA
EMEA (US$ millions) 49% intemal revenue grovh in local currencies and 7% growth from recent acquistions Internal growth was driven by strong project management revenues, particularly in France and increased ‘sales brokerage revenues in Germany ‘Adjusted EBITOA vas slightly lover due to timing of exp
Slide 9: Asia Pacific
Asia Pacific (US$ millions) 2% internal revenue growth in local currencies Revenue growth was impacted by a decline in sales brokerage in the Australian market, which is timing related and expected to recover in future quarters, ‘Adjusted EBITDA was impacted by the reduction in revenue as well as ch
Slide 10: Capitalization & Capital Allocation Overview
Capitalization & Capital Allocation Overview (US$ millions) — emma oa $1078 s(182 {525 milion mut-cureney ered faci put in stor ——eee place on June 1, 2015 ith 5 year teem Net Debt rrr) we Redeematienencenvoing ji ‘ + etterthan expected seasonal leveraging of tees cS ae 4.2at March 31,2016, own from
Slide 11: Looking Ahead
Looking Ahead + Q20utlook © Revenue pipelines reflect considerable activity across all service lines © Generally stable conditions in most markets, despite uncertainty surrounding European Union + Q2Focus © Continue to pursue select recruits in key markets © Continue to strategically invest in globa
Slide 12: Appendix
Appendix
Slide 13: Reconciliation of GAAP earnings to adjusted EBITDA
Reconciliation of GAAP earnings to adjusted EBITDA “Taree months ended (uss mourns) March 31,2016 Mareh 31,2018 Net carings em contnulng operations i ar ar) 3071 615) (600) 408 2388 2395 3057 2388 11036
Slide 14: Reconciliation of GAAP earnings to adjusted net earnings
Reconciliation of GAAP earnings to adjusted net earnings and adjusted earnings per share (ust nouende) Netearrings om centnuing operations Nn contain ittest share ofeamings [Amortization ointangbieaets Acquistion reateditoms Corporate cose aocstet spin-off ‘Stck-basedcompensatin expense Incometaenad
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