© Reuters. FILE PHOTO: People work on laptops at large tables in a Spaces office workspace, an IWG brand, in London, Britain, December 1, 2021. Picture taken December 1, 2021. REUTERS/May James/File Photo
(Reuters) – Global office rental firm IWG reported a 34% jump in annual core profit on Tuesday, buoyed by increased demand for its flexible working spaces and pricing strength.
The London-listed owner of the Spaces and Regus brands said core profit came in at 403 million pounds ($510.8 million) for the year ended Dec. 31, compared with LSEG average analysts’ estimates of 397.6 million pounds.
($1 = 0.7889 pounds)
