IWG ponders London Stock Exchange exit - reports

Potential New York listing

Cristian Angeloni
clock • 1 min read

Flexible office group IWG is reportedly looking to potentially delist from the London Stock Exchange.

In its H1 2023 results yesterday (8 August), the company posted its highest ever revenue of £1.5bn —  up 14% from H1 2022. Commenting on the results, CEO Mark Dixon said higher demand for flexible work products, improved pricing and cost discipline had helped the company achieve the record revenue. As a result, the FTSE 250 company's board has initiated a review of IWG's reporting currency as well as the potential implications of reporting under US Generally Accepted Accounting Principles (GAAP) rather than International Financial Reporting Standards (IFRS). British American Tobacc...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Asset management M&A activity fails to bring 'meaningful profitability improvements'

Asset management M&A activity fails to bring 'meaningful profitability improvements'

M&A strategy not necessarily a winner

clock 06 May 2025 • 1 min read
Sanford DeLand AM's Keith Ashworth-Lord: Postcard from Omaha

Sanford DeLand AM's Keith Ashworth-Lord: Postcard from Omaha

'Classic Buffett' stuns at AGM

Keith Ashworth-Lord
clock 06 May 2025 • 3 min read
Warren Buffett to step down from Berkshire Hathaway

Warren Buffett to step down from Berkshire Hathaway

Six decades at the helm

clock 06 May 2025 • 1 min read
Trustpilot