London close: Stocks finish higher as US inflation tops forecasts
10th Apr 2024 15:00
(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.
Read moreIWG could become market leader, says RBC
8th Apr 2024 08:03
(Sharecast News) - RBC Capital Markets has said it sees a buying opportunity at IWG after a recent underperformance in the shares, keeping the workspace solutions group at 'outperform'.
Read moreIWG cautious but confident on 2024 after record revenues
5th Mar 2024 07:58
(Sharecast News) - Hybrid-working office space provider IWG reported a sharp rise in annual profits but held a cautious line on 2024 prospects, despite bringing in record revenues last year.
Read moreIWG upbeat as quarterly revenue rises
7th Nov 2023 09:45
(Sharecast News) - Workspace provider IWG reported a third-quarter system revenue of £830m on Tuesday, reflecting 8% year-on-year growth in constant currency terms.
Read moreFTSE 250 movers: IWG extends gains, TP ICAP impresses
9th Aug 2023 16:23
(Sharecast News) - Workspace provider IWG was extending gains made on Tuesday after it reported a strong performance across key financial metrics in its first-half results. The company posted a record group revenue total of £1.68bn, up 14% in constant currency year-on-year.
Read moreIWG pays down debt in strong first half
8th Aug 2023 08:09
(Sharecast News) - Workspace provider IWG reported a strong performance across key financial metrics in its first half results on Tuesday.
Read moreRBC Capital Markets cuts IWG price target
10th Jul 2023 10:07
(Sharecast News) - RBC Capital Markets cut its price target on IWG on Monday to 155p from 190p, keeping the rating at 'sector perform' as it sees better value in other cyclicals.
Read moreIWG posts record first-quarter revenues
25th Apr 2023 09:37
(Sharecast News) - Office space provider IWG reported record first-quarter revenue on Tuesday amid higher demand for hybrid working solutions, as it struck a cautiously optimistic note on the outlook.
Read moreIWG eyes sale of major stake in digital platform Worka - report
24th Mar 2023 14:06
(Sharecast News) - Serviced office company IWG is reportedly exploring the sale of a major stake in its digital operation in a deal that could generate proceeds of about £800m.
Read moreIWG FY pre-tax losses narrow amid strong demand
7th Mar 2023 08:01
(Sharecast News) - Serviced offices provider IWG said on Tuesday that pre-tax losses had narrowed in the twelve months ended 31 December amid strong demand and also stated it was "cautiously optimistic" for 2023.
Read moreIWG shares surge on digital arm sell-off report
7th Nov 2022 12:00
(Sharecast News) - Shares in workspace provider IWG surged on Monday on a report that private equity outfit CVC Capital Partners is among a number of buyout firms which have approached the workspace provider about buying its digital arm The Instant Group.
Read moreIWG Q3 revenues jump amid strong demand for hybrid working
1st Nov 2022 08:05
(Sharecast News) - Office space provider IWG reported a rise in third-quarter revenues on Tuesday but said full-year profit was set to be at the lower end of market expectations.
Read moreDirector dealings: IWG chief executive splashes £1.25m on shares
28th Sep 2022 15:26
(Sharecast News) - IWG was in focus in the deals space on Wednesday, after a vehicle owned by its chief executive officer spent more than £1.25m on shares.
Read moreOffice space provider IWG appoints Charlie Steel as CFO
24th Aug 2022 07:16
(Sharecast News) - Flexible workspace provider IWG said on Wednesday that it has appointed Charlie Steel as chief financial officer, succeeding Glyn Hughes.
Read moreBerenberg still expecting 200m gbp of annual cashflow from IWG over medium-term
22nd Aug 2022 13:10
(Sharecast News) - Analysts at Berenberg slashed their target price for shares of IWG, conceding that the three pillars of its investment thesis might take longer to play out.
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