IWG Share News (IWG)

London close: Stocks finish higher as US inflation tops forecasts

(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.

IWG could become market leader, says RBC

(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'.

IWG resumes payout following record revenue as eyes on listing future

(Alliance News) - IWG PLC on Tuesday said it will pay dividends again after achieving record revenue in 2023, as the company weighs up a New York listing.

IWG cautious but confident on 2024 after record revenues

(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.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: UBS cuts BAT to 'neutral'; Barclays cuts Senior

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

TOP NEWS: IWG to resume dividend payments as performance improves

(Alliance News) - IWG PLC on Tuesday announced a resumption of dividends as the workspace provider hailed a period of "strong performance".

LONDON BROKER RATINGS: UBS downbeat on AJ Bell and Hargreaves Lansdown

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

IN BRIEF: IWG quarterly revenue up; confirms full year expectations

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.

IWG upbeat as quarterly revenue rises

(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.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Bank of America upgrades Quilter to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON MARKET CLOSE: Stocks bounce back; eyes on US inflation figures

(Alliance News) - Stocks in London were largely higher at the close on Wednesday, as deflationary news from China failed to dent market mood despite pointing to further weakness from the world's second largest economy.

FTSE 250 movers: IWG extends gains, TP ICAP impresses

(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.