International Workplace Group PLC (FRA:IWG)

€ 1.985 0 (0%) Market Cap: 2.00 Bil Enterprise Value: 8.85 Bil PE Ratio: 0 PB Ratio: 37.32 GF Score: 71/100

Q2 2021 IWG Plc Trading Statement Call Transcript

Jun 07, 2021 / 07:30AM GMT

Release Date Price: €4.24 (-0.47%)

Transcript

Operator

Hello, and welcome to the IWG plc conference call. (Operator Instructions) Just to remind you, this conference call is being recorded. Today, I am pleased to present your speakers, Mark Dixon, Chief Executive Officer; and Glyn Hughes, Chief Financial Officer. Please begin your meeting.

Mark Dixon

IWG plc - CEO & Executive Director

Hello, good morning, everyone. So you've all had a chance, hopefully, to see this morning's update.

Really just to put a little bit more color around that. This is a story that regards only the speed of recovery. We've never been in a better position for the medium and longer term with more and more companies switching to hybrid working. But in the shorter term, that is 2021, whilst we're seeing some very strong positive developments in some markets, particularly in the United States and now the beginnings of a recovery in the U.K., we are being affected in a number of other countries by continued lockdowns, extended lockdowns, but overall we're seeing just a continued level of disruption and uncertainty. And it's this

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