IWG buoyed by workers returning to the office Business Hybrid workspace platform International Workplace Group (IWG) has reported an uptick in revenue boosted by strong growth in its managed and franchised properties. Revenue grew by two per cent in the three months to 30 September, 2024, on a year-on-year constant currency basis, the company told markets this morning. The firm grew revenue at its managed and [...]
This is why business travel will never be the same again – IWG boss Business Current signs indicate business travel is unlikely recover to pre-pandemic levels, the boss of IWG, one of the world’s largest office providers, has said. “Technology will never replace the value of in-person interactions where they are strategically important,” chief executive Mark Dixon told City AM. However, he warned “all signs suggest it is unlikely to return to [...]
‘Misperceived and undervalued’ office renting firm IWG urged to quit London listing Business A leading shareholder in International Workplace Group (IWG) has called for the co-working firm to quit its London listing and relocate to the US to boost its value. Miami-based investment firm Buckley Capital Management, which said it was a top 15 shareholder of IWG, argued that the London market ‘misperceived and undervalued’ IWG. “We believe that [...]
IWG reports record revenue as workers return to the office August 6, 2024 IWG chief executive, Mark Dixon, has publicly considered switching the Swiss firm's listing to the US this year.
IWG maintains full-year guidance amid US listing talk May 7, 2024 Wework rival IWG has said it is on track to meet full-year profit and debt reduction forecasts after warnings over rising costs in March.
Hybrid work specialist IWG reports record year but stays ‘cautious’ March 5, 2024 As millions of workers around the world adjust to the post-pandemic working environment, the group said it had doubled the number of locations opened during the year