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FTSE 250 movers: BTG climbs on full-year sales outlook

Thu, 03rd Apr 2014 15:31

Specialist healthcare group BTG rose strongly after saying it expects full-year sales to be at the top end of guidance after a 'transformational year'.Revenues for the financial year to March 31st are expected to be at the upper end of the £275-285m guidance range, which the company had reiterated as recently as January. This is up from £234m the year before. Homeware retailer Dunelm also gained after total revenue for the third quarter grew nearly 10%. The company said that with opportunities to expand its portfolio it is confident in its growth prospects.Specialist healthcare group BTG was in demand after saying it expects full-year sales to be at the top end of the guidance after a "transformational year". Revenues for the financial year to March 31st are expected to be at the upper end of the £275-285m guidance range, up from £234m the year before.Meanwhile, Polymetal and Vedanta tracked the price of copper firmly lower, which fell sharply after China's new modest sized stimulus package fell short of bigger expectations. St.Modwen Properties declines after major shareholder Clarke and Leavesley sold a 3.75% stake, equal to 8.3m shares at 380p each. FTSE 250 - RisersITE Group (ITE) 206.80p +9.13%Just Retirement Group (JRG) 145.50p +5.36%Imagination Technologies Group (IMG) 223.70p +4.92%Oxford Instruments (OXIG) 1,342.00p +4.68%International Personal Finance (IPF) 551.00p +3.96%JD Sports Fashion (JD.) 1,700.00p +3.66%Dunelm Group (DNLM) 1,003.00p +3.24%Crest Nicholson Holdings (CRST) 414.60p +2.88%Centamin (DI) (CEY) 53.50p +2.88%Intermediate Capital Group (ICP) 459.60p +2.16%FTSE 250 - FallersPolymetal International (POLY) 609.00p -4.55%Domino Printing Sciences (DNO) 768.00p -4.30%Infinis Energy (INFI) 226.50p -3.82%St. Modwen Properties (SMP) 385.00p -3.02%Supergroup (SGP) 1,659.00p -2.98%Vedanta Resources (VED) 898.00p -2.71%Evraz (EVR) 76.00p -2.63%Telecity Group (TCY) 694.00p -2.32%Aveva Group (AVV) 2,030.00p -2.31%Catlin Group Ltd. (CGL) 510.00p -2.11%NR
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1 Apr 2015 07:59

ITE Group Says First Half In Line As Russia, Ukraine Drag Down Revenue

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1 Apr 2015 06:27

ITE Group warns on H1 revenue due to weak trading in Ukraine, Russia

April 1 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it expected its first-half revenue to be about 21 percent lower than a year earlier due to weaker trading conditions in Ukraine and Russia. The company, which has been hurt by tensions between Russia and Uk

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6 Mar 2015 14:33

ITE Group acquires portfolio of events in Africa

Exhibitions group ITE has acquired a major stake of a portfolio of events for £16m, funded by a placing of new shares. ITE now holds 50.1% of the portfolio, which includes the Africa Oil Week event, while GPP Energy Advisors holds the remaining stake. The group said put and call options were in pla

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6 Mar 2015 13:33

UPDATE 2-ITE Group dials in to Africa events market

* Deal to add 4 mln stg to 2016 pretax profit - CEO * Says ITE to look at small deals in Africa, India and China * Shares up 5.4 pct (Adds CEO comments, updates share movement) By Noor Zainab Hussain March 6 (Reuters) - Trade exhibition organiser ITE Group Plc bought a

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6 Mar 2015 07:52

ITE Group moves into Africa; buys stake in Africa Oil Week conference

March 6 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it had acquired a majority stake in a portfolio of events from GPP Energy Advisors Ltd for 16 million pounds ($24 million). The deal will be funded in part via an institutional placing to raise 12 million p

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6 Mar 2015 07:37

ITE To Buy Stake In Events Portfolio, Part Funded By Share Placing (ALLISS)

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