IWG posts record results, ups buyback to $100 mln

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends surge on wider Middle East conflict, Strait of Hormuz closure Gold dips, reverses course as stronger dollar weighs amid Iran conflict Gold price surge after Iran attack could fade, Pepperstone says Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip FLASH SALE (South Africa Philippines Nigeria) FLASH SALE IWG posts record results, ups buyback to $100 mln By Maria Ponnezhath Author Maria Ponnezhath Earnings Published 03/03/2026, 02:50 AM IWG posts record results, ups buyback to $100 mln 0 IWG -1.04% Investing.com -- International Workplace Group Plc (LON: IWG ) on Tuesday reported record full-year results for 2025, with adjusted EBITDA rising 6% to $531 million and system-wide revenue reaching $4.5 billion, up 4% year-over-year. The company also increased its 2026 share buyback program by $50 million to $100 million. Unlock premium chipmaker and AI insights with InvestingPro The workspace provider’s Managed & Franchised segment drove growth, with fee income surging 60% to $126 million as recurring management fees more than doubled to $45 million. The division opened a record 731 centers during the year, with 1,089 new deals signed—99% on capital-light terms. System-wide revenue in this segment jumped 28% to $876 million. Company-owned operations saw adjusted gross profit margin expand 97 basis points to 26.4%, despite a 1% revenue decline to $3.6 billion as the company focused on improving occupancy. Management said pricing and revenue trends are positive heading into 2026. "We set out a clear strategy at our first Investor Day in New York in December 2023 for capital light growth to deliver cashflow and business simplification," said CEO Mark Dixon. "As we outlined in our Investor Day in December 2025 - this is what we have been delivering on, and we will continue to do so." Group revenue remained flat at $3.8 billion, reflecting the shift toward capital-light operati...