Finance

IWG shares rise on global revenue increase

By Frances Ivens 2018-11-07T09:20:00

Shares

Source: Shutterstock/Vectorfusionart

Shares in IWG rose 7.56% on Tuesday to 254.8p after the Regus owner reported a 10.2% rise in global revenue to £637.9m compared with £585.7m in the same period last year.

Earlier this week, it was reported that Mark Dixon, founder and chief executive of IWG, was looking at separating its flexible office property business, to leave the rest of the group focused on expanding its new global franchising model.

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