Workspace provider IWG reported a 6.7 % increase in total revenue in constant currency terms for Q1 2018 , attributed to double - digit growth in Europe , the Middle East and Africa , and high single - digit growth in the Americas and Asia Pacific regions . However , currency headwinds from US Dollar and several Asia Pacific regions actual revenue only increased by 0.6 % and mature revenue fell 2 % . Cash generation also fell £ 23.7 m compared to Q1 2017 to £ 9.5 m . During the first quarter, the firm added 46 new locations to its global network. ' IWG added two new locations over the quarter and has predicted a modest increase in sales and marketing investment this year .
Workspace provider IWG reported a 6.7 % increase in total revenue in constant currency terms for Q1 2018 , attributed to double - digit growth in Europe , the Middle East and Africa , and high single - digit growth in the Americas and Asia Pacific regions . However , currency headwinds from US Dollar and several Asia Pacific regions actual revenue only increased by 0.6 % and mature revenue fell 2 % . Cash generation also fell £ 23.7 m compared to Q1 2017 to £ 9.5 m . IWG added two new locations over the quarter and has predicted a modest increase in sales and marketing investment this year .