Colliers to Announce Fourth Quarter and Full Year Results: What to Expect

Colliers International Group Inc. (TSX & NASDAQ: CIGI) has announced that it will release its fourth quarter and full year 2024 financial results on February 6, 2025, at approximately 7:00am ET. The company will host a conference call to discuss these results at 11:00am ET on the same day. The conference call will be led by Jay S. Hennick, Global Chairman & CEO, and Christian Mayer, CFO.

Participants can join via telephone using the Toronto local number 1-289-819-1520 or the North America toll-free number 1-800-549-8228 with conference ID 30133. A webcast option will also be available through the company's website, with a replay accessible afterward through the webcast attendee link.

TORONTO, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2024, will be issued by press release on February 6, 2025, at approximately 7:00am ET.

A conference call to review these results will take place at 11:00am ET on February 6, 2025, and will be hosted by Jay S. Hennick, Global Chairman & CEO, and Christian Mayer, CFO.

The telephone numbers for this call are: Local – Toronto 1-289-819-1520 and Toll Free – NA 1-800-549-8228 with conference ID 30133. The conference call will also be accessible via webcast at in the “Events” section. For anyone unable to listen to the scheduled call, the webcast replay will be available on the webcast attendee link.



Colliers has been on a strong growth trajectory, with its recurring revenue streams contributing significantly to its earnings growth. In the fourth quarter of 2023, the company's high-value, recurring service lines, such as Outsourcing & Advisory and Investment Management, delivered increases of 10% and 6%, respectively. Over the course of the year, these services achieved even greater growth, with respective increases of 11% and 28%. This focus on recurring revenue streams has set Colliers apart from its competitors and has been a key driver of its earnings growth.

The company has also expanded its operations through strategic acquisitions, such as the acquisition of Englobe, a leading multi-discipline engineering, environmental, and inspection services platform. This acquisition, along with others like GWAL in Canada and Pritchard Francis and TTM in Australia, has strengthened the company's operations and expanded its high-value recurring revenue streams, which now represent over 70% of its earnings.

As the company prepares to announce its fourth quarter and full year results, investors will be looking for continued growth and positive trends in its recurring revenue streams, as well as any updates on its strategic acquisitions and expansion plans. With its experienced leadership team and significant inside ownership, Colliers is well-positioned to deliver on its financial outlook and maintain its strong growth trajectory.

In conclusion, Colliers' upcoming financial results announcement is an important milestone for the company and its investors. As the company continues to focus on its recurring revenue streams and strategic acquisitions, investors can expect a positive outlook for the future.