Reuters logo
CORRECTED-Exhibitions organiser ITE Group's third-quarter revenue falls
July 15, 2014 / 6:15 AM / 3 years ago

CORRECTED-Exhibitions organiser ITE Group's third-quarter revenue falls

(Corrects headline to say revenue fell, not profit)

July 15 (Reuters) - Exhibitions organiser ITE Group Plc said third-quarter revenue fell about 24 percent, hurt by the absence of the biennial Moscow International Oil & Gas Exhibition, currency fluctuations and the impact of the Ukrainian political crisis.

The company, which organises over 230 exhibitions and conferences each year, said revenue fell to 73 million pounds ($124 million) for the quarter ended June 30, from 96 million pounds a year earlier.

Like-for-like revenue on an actual basis fell 16 percent from a year earlier, ITE said. ($1 = 0.5877 British Pounds) (Reporting by Noor Zainab Hussain in Bangalore; Editing by Gopakumar Warrier)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below