IWG posts record revenue as losses narrow in 2022

Mark Dixon

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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