IWG posts record revenue as losses narrow in 2022

By David Parsley2023-03-07T09:37:00

Serviced office giant IWG has told its investors that it is “cautiously optimistic” for 2023, after significantly reducing its pre-tax losses in 2022.

Pre-tax losses fell from £259m in the precious year to £105m, while gross profits surged 124% to £575m and underlying earnings rose 22% to £1.33bn.

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