2015 Was Transformational For Colliers International. Here's Why.
Colliers International Group finished 2015, its first year as a stand-alone public company, with a profit of $23.3M on revenues of $1.72B, capping what chair and CEO Jay Hennick calls “a transformational year.” In addition to being spun off into its own publicly traded company from Toronto-based property management firm FirstService Corp, Colliers International in 2015 reported record revenues and profits “despite foreign currency headwinds,” and exceeded a double-digit margin target set five years ago—one year earlier than expected. Colliers International also completed several acquisitions.