Hybrid work specialist IWG has reported a slightly larger pretax loss for 2023 despite its highest-ever revenues and restarting dividend payouts.The flexible office provider`s pretax losses from continuing operations widened to £189M for the year, up from a deficit of £105M the previous year, according to its preliminary results. The loss was related to one-off costs from closing locations and write-offs to do with a telephone system.
However, IWG said it had delivered its highest earnings in its 25-year history, up 8% to £3.5B, although it cautioned about prospects for the year ahead as it looked to keep costs under control...
RSK: Almost an advertorial but showing the trend of hybrid workspace is still a viable option.
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- - Volume: 24 - WEEK: 0 Date: 4/24/2024 11:12:52 AM -