Like-for-like revenues eased a little in the April to June quarter from a year earlier at ITE Group, but the exhibitions and conferences organiser said that was in line with expectations.
On a like-for-like basis revenues for the group's fiscal third quarter were some 3% lower than the previous year. ITE said the decline was mostly down to the performance of the group's Mosbuild event in its biennially weaker year. Mosbuild, an event for the construction industry, also faced competition this year from a newly launched rival exhibition. The remainder of ITE's portfolio, excluding Mosbuild, delivered like-for-like revenue growth of around 6% for the quarter.
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