Cushman & Wakefield Ltd

CWK: XNYS (USA)
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Cushman & Wakefield Earnings: Relatively Weak Services Performance Overshadows Brokerage Recovery

Cushman & Wakefield reported a mixed set of numbers for the fourth quarter. Fee revenue and adjusted EBITDA grew 4% year over year due to improved transactional activity. Adjusted EBITDA margin came in at 11.9% compared with 11.8% in the year-ago quarter.

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