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CORRECTED-Exhibitions organiser ITE Group's third-quarter revenue falls

Tue, 15th Jul 2014 07:19

(Corrects headline to say revenue fell, not profit)

July 15 (Reuters) - Exhibitions organiser ITE Group Plc said third-quarter revenue fell about 24 percent, hurtby the absence of the biennial Moscow International Oil & GasExhibition, currency fluctuations and the impact of theUkrainian political crisis.

The company, which organises over 230 exhibitions andconferences each year, said revenue fell to 73 million pounds($124 million) for the quarter ended June 30, from 96 millionpounds a year earlier.

Like-for-like revenue on an actual basis fell 16 percentfrom a year earlier, ITE said. ($1 = 0.5877 British Pounds) (Reporting by Noor Zainab Hussain in Bangalore; Editing byGopakumar Warrier)

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