ITE Group plc Reports Group Revenue Results for the First Quarter Ended 31 December 2017; Provides Revenue Guidance for the Fiscal Year 2018
For the fiscal year 2018, as at 19 January 2018, the group had booked circa £113 million of revenue representing circa 70% of market expectations for the full year. On a like-for-like basis, these revenues are 16% ahead of this time last year and on a volume basis are 7% ahead reflecting the impact of earlier bookings and ITE's focus on core events following the launch of the early TAG initiatives. The Board announced that performance is in line with expectations.