March 28 Exhibitions organiser ITE Group Plc
said it expects full-year profits to be hit by 2 million
pounds ($3.32 million) as sales in Ukraine were affected by the
recent crisis in the region.
ITE Group said it expected exhibitions in Ukraine to
currently run as scheduled. The company, however, continued to
monitor political uncertainty surrounding Ukraine and Russia,
and the potential effect on sales in those countries.
ITE estimated revenue to be up 4 percent at 72 million
pounds ($119.61 million) for the six months ended Mar. 31.
($1 = 0.6019 British Pounds)
(Reporting by Tasim Zahid in Bangalore; Editing by Joyjeet Das)