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

Liontrust share price drops 5% as it reports near 30% pre-tax profit decline

Liontrust share price drops 5% as it reports near 30% pre-tax profit decline

Gross profit at £157.7m

Sorin Dojan
clock 25 June 2025 • 3 min read
Maven Renovar in turmoil after AGM sees strategy and board rejected

Maven Renovar in turmoil after AGM sees strategy and board rejected

Backlash from shareholders

Patrick Brusnahan
clock 20 June 2025 • 4 min read
Pacific AM snaps up Viewforth team

Pacific AM snaps up Viewforth team

Founder of Viewforth joining too

Patrick Brusnahan
clock 16 June 2025 • 1 min read
Trustpilot