ITE reveals sharply improved profits in 2014 Interims

ITEITE CEO commented on the company’s H1 2014 performance:

“ITE has delivered a strong performance over the first half of the year with revenue growth in the Group’s main markets allied to a stronger biennial pattern in the first half of the year. Our recent acquisition of Beauty Eurasia in Turkey and a 50% investment stake in the Chinese Chinacoat/Surface Finishing exhibition represents more progress in achieving the Group’s strategic objectives.”

Headline pre-tax profits were up 64% to £18.2 million. Underlying business reports volume growth of 2%.

For the full RNS click ITE