UK's IWG set for worst day since March 2020 on weak FY outlook

International Workplace

19/08/2025 08:24

** Office rental company International Workplace Group IWG.L slips 10% to 208p; top pct loser on FTSE mid-cap 250 index .FTMC

** Stock set for biggest one-day pct drop since March 2020

** Regus owner forecasts FY earnings at lower end of its forecasts due to further investment in managed, franchise segment growth

** H1 group revenue falls more than 1% y/y

** As of last close, IWG up more than 44% this year vs FTMC's 5.5% gain

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))