OFFICE space supplier Regus today said it remains on track to deliver full year results in line with expectations.

The international organisation, which operates managed workspace in Liverpool’s Exchange Flags, said group turnover increased by 17% to £394m in the four month period to October 31, from £336m in the same period last year.

Its mature business, which makes up almost 82% of the group’s global portfolio, increased revenues by 7% to £348m.

New centres opened in the period included the group’s first presence in Ivory Coast, Kuwait, Croatia and Slovenia.

In total, 46 new centres have opened in the four months bringing the number of centre openings since January 2010 to 211, which have contributed £46m of revenue in the four month period compared with £9m in the corresponding period. last year.

The group said: “We remain committed to our growth programme, but in view of global economic uncertainty, we are carefully monitoring our metrics and may temporarily slow down next year if we determine that conditions have become too uncertain or challenging.”

Regus’s accelerated opening programme has seen its net cash position decline by £14m to £184m, but it said it remains strong.