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IWG Plc (IWG.L)

IWG.L on London Stock Exchange

244.70GBp
21 Sep 2018
Change (% chg)

15.70 (+6.86%)
Prev Close
229.00
Open
230.60
Day's High
244.70
Day's Low
229.80
Volume
24,082,718
Avg. Vol
3,299,712
52-wk High
335.00
52-wk Low
188.90

Latest Key Developments (Source: Significant Developments)

TDR Capital Does Not Intend To Make An Offer For IWG
Monday, 6 Aug 2018 02:25am EDT 

Aug 6 (Reuters) - TDR CAPITAL ::NO INTENTION TO MAKE AN OFFER FOR IWG PLC.  Full Article

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

CORRECTED-UPDATE 1-Regus operator IWG says finance and ops chief to leave

Sept 12 Serviced offices provider IWG Plc's chief operating and financial officer Dominik de Daniel will leave the company, the owner of the Regus brand said on Wednesday, appointing Eric Hageman as interim finance chief.