ITE announces revenue increases in trading update

London, 10th July: Earlier this week, London-based ITE Group plc published its trading update covering the period from 1st April to 10th July 2018.

For the quarter ended 30th June, revenues were approximately £58 million (US$77 million), representing a 13% increase on a like-for-like basis. Revenues for the nine months ended 30th June were roughly £134 million (US$177 million), a rise of 11% on a like-for-like basis. Net debt was about £53 million (US$70 million) as of 30th June.