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Serviced office provider IWG's full-year profit falls 12 pct

Published 2018-03-06, 02:30 a/m
Serviced office provider IWG's full-year profit falls 12 pct
IWG
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March 6 (Reuters) - Serviced office provider IWG Plc IWG.L reported a 12 percent fall in full-year profit on Tuesday, hurtby weaker demand in its mature centres over the third quarter.

IWG, which rents out meeting rooms, business lounges andoffice space under the Regus brand, said operating profit fellto 163.2 million pounds ($225.6 million) in 2017 from 185.2million pounds a year earlier. ($1 = 0.7233 pounds)

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