Workspace Group said it expects trading profit for the year ending 31 March 2025 to be in line with consensus, with a marginal fall in valuation due to a reduction in ERV per sq. ft., alongside a fall in occupancy, as previously stated.
Ahead of strategy update on 5 June 2025, the Board has now approved the strategic plan and expects the combined impact of these factors on the year ending 31 March 2026 to be a trading profit headwind of approximately 7 million pounds. This is against the current company-compiled consensus for trading profit within a range of 66-72 million pounds.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.