International Workplace Group PLC (FRA:IWG)

€ 2.148 -0.004 (-0.19%) Market Cap: 2.19 Bil Enterprise Value: 9.22 Bil PE Ratio: 0 PB Ratio: 54.21 GF Score: 73/100

Full Year 2021 IWG Plc Earnings Call Transcript

Mar 08, 2022 / 09:00AM GMT

Release Date Price: €2.72 (-4.90%)

Transcript

Operator

Thank you all for standing by. Welcome to the IWG Full Year Results 2022. (Operator Instructions) Please be advised the call is being recorded. I would now like to hand the call over to your Chief Executive Officer, Mr. Mark Dixon. Thank you.

Mark Dixon

IWG plc - CEO & Executive Director

Hello. Good morning, everyone. Thank you for joining this morning. Hybrid is here. What do we mean by that? It's a move to a new way of working that's been accelerated by the pandemic and has led to increasing demand for companies such as ours who provide all the tools that companies need to move towards this new way of working. That's translated into increasing demand for our services during '21. And it's also led to an increase in demand from the supply side, from the property industry and from franchise partners to work with us to convert their buildings into this new service platform, which is flexible working and hybrid working.

So we're benefiting now and we believe will benefit into the future as the market leader in the provision and support of these types

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