Half Year Results 

Hyve's narrower focus boosts margin

Hyve's narrower focus boosts margin

Hyve’s (HYVE) decision to reduce the size of its portfolio and focus on the most lucrative higher-margin events has started to bear fruit, prompting a rise in the operating margin to 25 per cent in its 2019 trading year, up from 22 per cent in FY2018. The group - formerly trading as ITE - sold 56 non-core Russian events and closed another 24 across that country and central Asia.

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