Regional tensions, currency volatility and the depressed oil price have weighed on exhibition bookings in Russia and Central Asia, dealing yet another blow to ITE (ITE) in the reported period. Although acquisitions mitigated the damage, the events organiser's adjusted operating profits fell 19 per cent to £39.6m.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis