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IWG Plc (IWG.L)

IWG.L on London Stock Exchange

315.50GBp
11:53am EDT
Change (% chg)

1.40 (+0.45%)
Prev Close
314.10
Open
320.00
Day's High
320.00
Day's Low
313.30
Volume
1,533,905
Avg. Vol
2,616,768
52-wk High
345.79
52-wk Low
188.90

Latest Key Developments (Source: Significant Developments)

IWG Posts FY Pre-Tax Profit 149.4 Mln Stg
Tuesday, 6 Mar 2018 02:00am EST 

March 6 (Reuters) - Iwg Plc ::FY PROFIT BEFORE TAX OF 149.4 MILLION STG VERSUS 173.7 MILLION STG YEAR AGO.FY GROUP REVENUE OF £2,352.3M, WITH REVENUE GROWTH IMPROVING IN Q4 AND SINCE PERIOD END.SAYS BOARD IS RECOMMENDING AN 11 PERCENT INCREASE IN FINAL DIVIDEND TO 3.95P PENCE.INCREASE IN FULL-YEAR DIVIDEND OF 12% TO 5.70P (2016: 5.10P).  Full Article

IWG says returned to revenue growth in Q2
Tuesday, 8 Aug 2017 02:10am EDT 

Aug 8 (Reuters) - IWG PLC :HY ‍GROUP REVENUE WAS STABLE (II) AT £1,169.7M WITH REVENUE MOMENTUM IMPROVING THROUGH PERIOD AS IWG RETURNED TO GROWTH IN Q2​.‍13 PCT INCREASE IN INTERIM DIVIDEND TO 1.75P (H1 2016: 1.55P), REFLECTING CONFIDENCE IN LONG-TERM OUTLOOK​.‍WE ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR​.‍HY PROFIT BEFORE TAX 80.8 MILLION STG VERSUS 84.3 MILLION STG YEAR AGO ​.‍INCREASED VISIBILITY ON NET GROWTH CAPITAL EXPENDITURE FOR WHOLE OF 2017​.‍PIPELINE VISIBILITY AS OF 28 JULY 2017 OF ABOUT £240M, REPRESENTING 310 LOCATIONS​.‍"WE ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR" - CEO​.SAYS ‍CONFIDENT THAT BUSINESS WILL SEE GROWTH OVER SECOND HALF OF 2017​.SAYS ‍ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR​​.  Full Article

IWG quarterly revenues rises 9.1 pct
Tuesday, 2 May 2017 02:16am EDT 

May 2 (Reuters) - IWG Plc ::In three months ended March 31, 2017, group revenues increased 9.1 pct to 580.7 mln stg.Overall trading remains in line with management's expectations.Encouraged by increase in more capital efficient growth now seen in pipeline for 2017.  Full Article

Regus H1 revenue up 10.3 pct to 1.08 bln stg
Tuesday, 9 Aug 2016 02:00am EDT 

Regus Plc : H1 revenue rose 10.3 percent to 1.078 billion stg . Full year profit expected to be in line with management expectations . Group revenues up 10.3% to £1,077.6m and underlying operating profit up 30% (ii) to £90.0m . 11% increase in interim dividend to 1.55p (h1 2015 : 1.4p) .Says underlying earnings per share up 36% (ii) to 7.3p.  Full Article

Serviced office provider IWG's full-year profit falls 12 pct

March 6 Serviced office provider IWG Plc reported a 12 percent fall in full-year profit on Tuesday, hurt by weaker demand in its mature centres over the third quarter.