Global office rental firm International Workplace Group has recported its highest ever revenue of $4.2bn.
The company operates in over 120 countries through flexible workspace brands such as Regus, Spaces, HQ and Signature. It has over 35 locations in Ireland.
In its preliminary results for the twelve months ended 31 December 2024, the firm reported its highest ever network growth with 899 new centre signings and 624 openings.
The company’s net financial debt continued to fall to $712m, down from $775m in 2023.
“We are reaching an inflection point where the hard work from the last few years is coming to fruition,” said Mark Dixon, Chief Executive of International Workplace Group.
“We have a supportive operating environment, structural industry tailwinds and a business which is both prepared for, and delivering, centre growth.
“We are by far the largest player in this industry and getting ahead of the competition even further as we deliver value to landlords and clients,” he added.
The company announced a $50m share buyback programme and increase in dividend
