International Workplace Group PLC (OTCPK:IWGFF)

$ 2.2734 0.0234 (1.04%) Market Cap: 2.30 Bil Enterprise Value: 9.45 Bil PE Ratio: 0 PB Ratio: 32.48 GF Score: 73/100

Q3 2022 IWG Plc Trading Statement Call Transcript

Nov 01, 2022 / 08:30AM GMT

Release Date Price: $1.56 (-3.41%)

Transcript

Operator

Hello, and welcome to IWG Q3 Trading Update Conference Call. My name is Priscilla. I'll be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to your host, Mr. Mark Dixon, the CEO, along with Mr. Charlie Steel, the CFO; and Mr. Mal Patel, Investor Relations of IWG to begin today's conference. Thank you.

Mark Dixon

IWG plc - Founder, CEO & Executive Director

Thank you very much. Good morning, everyone, and welcome to our Q3 trading update. I'm pleased that we've been joined today by Charlie Steel. It's actually his first day today. So no difficult questions, please. And I think most of you have spoken already to Mal, I'm very happy to have him on board. So let me take you quickly through the key highlights, and then we'll turn to Q&A.

Another very good quarter where revenue grew strongly. EBITDA month-to-month continue to move upwards, and we started to generate very good cash flow, which has brought net debt down. So taking these issues in turn, group revenue

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