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ITE sales leap 30pc in first half
Exhibition and conference organiser ITE Group reported a higher first-half profit as volume sales jumped 30 per cent. The UK firm, which organises around 200 trade exhibitions and conferences each year in 14 countries, said its booked revenue for the year, including sales from newly acquired businesses, rose six per cent on a like-for-like basis and stood at £156.2m as at May 18. For the six months ended March 31, adjusted pre-tax profit increased to £13.1m pounds from £9.1m a year ago. Revenue jumped 29 per cent to £68.6m.