Office rental firm IWG Plc (IWG.L) said on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting a bigger half-year loss, even as a resurgence in global COVID-19 cases and renewed lockdowns in some markets threaten the pace of recovery.
A bus drives on an almost empty street, following the outbreak of the coronavirus disease , in the financial district of London, Britain July 17, 2020. REUTERS/Hannah McKay/File Photosaid on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting a bigger half-year loss, even as a resurgence in global COVID-19 cases and renewed lockdowns in some markets threaten the pace of recovery.
Reiterating that it still expects a strong recovery in 2022, the FTSE 250 firm said the pace of the rebound from the COVID-19 pandemic was coming through slower than originally anticipated.
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