International Workplace Group PLC (LSE:IWG)

£ 1.735 -0.03 (-1.7%) Market Cap: 1.76 Bil Enterprise Value: 7.75 Bil PE Ratio: 0 PB Ratio: 51.03 GF Score: 68/100

Q3 2019 IWG Plc Trading Update Call Transcript

Nov 05, 2019 / 08:30AM GMT

Release Date Price: £3.95 (-0.03%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Trading Update of IWG Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, 5th of November 2019.

I would now like to hand the conference over to your first speaker today, Mark Dixon. Thank you. Please go ahead.

Mark Dixon

IWG plc - CEO & Director

Thank you very much, operator, and good morning, everyone, and thank you for joining us this morning to discuss our third quarter trading update. I'm joined on the call today by Eric Hageman, our CFO.

Firstly, I'd like to take you through the key points from the update, and then I'll hand over the call to Eric to comment on the financial performance, and then we'll open up, as usual, for questions.

For me, the key message today is about the scale of the momentum that we have in building our business, both on the supply side and the demand side.

From a demand point of view, you can see here in these numbers, we're trading strongly with excellent revenue

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