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ITE Group revenue rises 25 percent

Tue, 16th Jul 2013 06:17

July 16 (Reuters) - Corporate event manager ITE Group Plc said revenue in the third quarter rose 25 percent,helped by contributions from the biennial Moscow InternationalOil & Gas exhibition and revenue from Metaltech, which thecompany acquired earlier in the year.

ITE, which gets almost half its revenue from Russia, said itexperienced good trading conditions in its principal markets andremains confident in the full-year outcome.

Revenue for the quarter ended June 30 rose to 95 millionpounds ($143.49 million) from 76 million pounds a year earlier.

The company said it booked sales worth 184 million poundsfor this financial year.

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1 Apr 2015 07:59

ITE Group Says First Half In Line As Russia, Ukraine Drag Down Revenue

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1 Apr 2015 06:27

ITE Group warns on H1 revenue due to weak trading in Ukraine, Russia

April 1 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it expected its first-half revenue to be about 21 percent lower than a year earlier due to weaker trading conditions in Ukraine and Russia. The company, which has been hurt by tensions between Russia and Uk

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6 Mar 2015 14:33

ITE Group acquires portfolio of events in Africa

Exhibitions group ITE has acquired a major stake of a portfolio of events for £16m, funded by a placing of new shares. ITE now holds 50.1% of the portfolio, which includes the Africa Oil Week event, while GPP Energy Advisors holds the remaining stake. The group said put and call options were in pla

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6 Mar 2015 13:33

UPDATE 2-ITE Group dials in to Africa events market

* Deal to add 4 mln stg to 2016 pretax profit - CEO * Says ITE to look at small deals in Africa, India and China * Shares up 5.4 pct (Adds CEO comments, updates share movement) By Noor Zainab Hussain March 6 (Reuters) - Trade exhibition organiser ITE Group Plc bought a

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6 Mar 2015 07:52

ITE Group moves into Africa; buys stake in Africa Oil Week conference

March 6 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it had acquired a majority stake in a portfolio of events from GPP Energy Advisors Ltd for 16 million pounds ($24 million). The deal will be funded in part via an institutional placing to raise 12 million p

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6 Mar 2015 07:37

ITE To Buy Stake In Events Portfolio, Part Funded By Share Placing (ALLISS)

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