Added to YB: 2025-08-28
Pitch date: 2025-08-26
IWG.L [neutral]
International Workplace Group plc
+7.55%
current return
Author Info
No bio for this author
Company Info
International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
GBP 2.8B
Pitch Price
GBP 2.06
Price Target
N/A
Dividend
0.33%
EV/EBITDA
5.77
P/E
125.82
EV/Sales
2.76
Sector
Real Estate Management and Development
Category
growth
International Workplace Group H1 2025 Earnings: Stock down 12.3% — Does the Thesis Still Hold?
IWG.L (earnings update): H1 earnings disappointed with EBITDA growth slowing to 6% vs high single-digit expectations, guiding to low end of $525-565m range. $21m increase in discretionary overheads for capital-light growth hasn't yet translated to higher fee estimates. FCF guided to $140m (vs $200m+ hoped). CEO Dixon (25% owner) says 2026 will show 'significant steps' toward $1b EBITDA target.
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