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International Workplace Group HY Profit Rises; Reiterates FY Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

International Workplace Group Plc, or IWG Plc (IWG.L) reported that its net income attributable to the company for the first-half of 2025 rose to $11 million or 1.1 cents per share from $9 million or 0.9 cents per share in the prior year.

Income before income taxes and share of Income/loss from equity method investments dropped to $12 million from $32 million in the prior year.

Group system-wide revenue for the period increased by 2% to $2.162 billion from the prior year. Group revenue decreased 1% year-over-year to $1.850 billion as a result of closures and the impact of the loss of the legacy contract in DPS.

The company will pay an interim dividend of 0.45 US cents per share. The interim dividend is expected to be paid on 17 October 2025 to shareholders on the register at the close of business on 19 September 2025.

For the full 2025 financial year, the company still expects centre growth and signings to accelerate; adjusted EBITDA of $525 million -$565 million, but likely to be towards the lower end of the range due to further investment in Managed and Franchise segment growth.

The company said it is increasing its buyback program to at least $130 million. In the first half of 2025, IWG repurchased and cancelled 20.65 million ordinary shares which completed the first $50 million tranche of its share buyback program of up to $100 million.

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