|Master Investor Magazine
Never miss an issue of Master Investor Magazine – sign-up now for free!
The share price of FTSE 250 office operator IWG (LON:IWG) fell by 1.52% to 389.30p (as of 12:00 GMT) as it published a trading statement for the quarter ended 30th September. The company’s open centre revenue was up by 15.5% with strong momentum in the UK market and 66 new locations added during the period.
However, while the company was adding to its network, it has also rationalised and closed roughly 4% of its network over the year to date which will have a negative impact on profitability.
The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.
Book your FREE tickets today using code: MIBLOG