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Markets News

Regus operator IWG sees improving sales activity

Nov 3 (Reuters) - British office space provider IWG said on Tuesday it has started to see some improvement in its sales activity and highlighted increasing interest in flexible working as companies address how their employees will work in the future.

The Regus operator said group revenue in the quarter ended Sept. 30 fell 10.2% to 583.3 million pounds ($754.38 million), adding that good sales in July, August and September were offset by customer churn and the significant impact the pandemic had on service revenue. ($1 = 0.7732 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Krishna Chandra Eluri)

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