ITE releases positive Q3 trading update

London, 3rd July: Earlier this week, London-listed ITE Group plc released its trading update for the three-month period from 1st April to 30th June 2019.

Revenues for the nine months ended 30th June 2019 were £176 million (US$224 million), representing an increase of 7% on a like-for-like basis. While revenues for the quarter ended 30th June were about £69 million (US$88 million), compared to the £58 million (US$74 million) recorded last year. ITE’s management attributed the increases to improvements related to its top 10 portfolio of events and to the positive impact of new acquisitions.