The workspace provider, which runs around 2,000 centres across the world, said it expected to open at least 450 new sites this year compared with the 300 it had previously planned.
The news sent shares down 8.7 per cent on fears that the extra openings would increase debt and reduce earn-ings, JP Morgan analyst
But Dixon brushed off concerns: "This is a continuing of what we have been doing in the past and we think this is the right thing to do if we are going to grow." He pointed out that previous investments were generating 25 per cent in annual returns.
Revenue grew by 16.9 per cent to £804.7m, driven by strong growth across its centres open at least a year.
Dixon said it would continue to target airports, libraries and shopping centres: "The fact is that fewer and fewer people are into offices because of changes to technology… it's a worldwide phenomenon that is taking place."
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