IN BRIEF: IWG quarterly revenue up; confirms full year expectations
7th Nov 2023 10:11
IWG PLC - Workspace provider - Says third quarter revenue jumps 7% to GBP736 million from GBP726 million a year prior, citing network growth, pricing strength and ancillary services. Year-to-date revenue climbs 11% to GBP2.22 billion from GBP2.01 billion in the corresponding period for 2022. Confirms financial outlook for 2023, stating that earnings before interest, tax, depreciation and amortisation, as well as net financial debt will remain in line with expectations. Adds it will report its full-year results in pounds before converting to US dollars from January 1. Read More