Full Year Results 

IWG still vulnerable to macro weakness

IWG still vulnerable to macro weakness

IWG’s (IWG) shares have struggled since its shock profit warning in October, which highlighted a slow recovery in the group’s so-called mature business. However, the flexible workspace specialist’s chief executive, Mark Dixon, said it was beginning to move past this “speed bump”, with the revenue performance improving in the fourth quarter of 2017. The mature business saw a 0.5 per cent improvement in revenue, following a 1.8 per cent decline in the preceding quarter.

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