International Workplace Group PLC (IWG.L) on Tuesday reported broadly stable earnings for 2025 with marginal increase in revenue.
Additionally, the company today increased its 2026 share buyback programme by a further $50 million, bringing the total programme to $100 million.
Profit before tax fell to $43 million from $58 million, primarily due to higher interest expense, which rose to $87 million from $64 million.
Operating income edged up to $143 million from $142 million, while adjusted operating profit decreased to $238 million from $248 million.
Net income attributable to the company was $18 million or 1.8 cents per share, unchanged from the prior year.
Adjusted EPS attributable to the company rose to 4.7 cents from 2.7 cents, while adjusted EPS from continuing operations increased to 4.8 cents from 2.8 cents.
Adjusted EBITDA rose to $531 million from $501 million a year earlier.
Revenue increased marginally to $3.762 billion from $3.756 billion, while system-wide revenue rose to $4.453 billion compared with $4.297 billion a year ago.
The Board declared a final dividend of 0.93 cents per share, up from 0.90 cents last year, payable on May 29 to shareholders of record on May 1.
For fiscal 2026, the company expects Adjusted EBITDA in the range of $585 million-$625 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.