IWG reported first-half system-wide revenue growth of 11% to $2.4 billion, driven by expansion in its managed and franchised network and continued growth in company-owned locations. The flexible-workspace operator reiterated its full-year adjusted EBITDA guidance of $585 million to $625 million and its medium-term target of at least $1 billion. Managed and franchised system-wide revenue rose 36% to $535 million, with recurring management fees up 84% to $35 million, and the company expects recurring management fee income to reach $80 million in 2026 and $125 million in 2027. IWG returned $109 million to shareholders in the first half while maintaining 2026 net capital expenditure guidance of $150 million, and management expects year-end net debt-to-EBITDA below 1.5 times.
IWG PLCIWG reports 11% revenue growth and reiterates EBITDA guidance, indicating strong financial performance.
