ITE Group

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ITE Group plc
Type Public (LSE: ITE)
Industry Exhibitions & Conferences
Founded 1991
Headquarters London, UK
Key people Marco Sodi, Chairman
Russell Taylor, CEO
Neil Jones Finance Director
Revenue £192.3 million (2013)[1]
Operating income £45.0 million (2013)[1]
Net income £35.7 million (2013)[1]
Website www.ite-exhibitions.com

ITE Group plc (LSE: ITE) is a leading British-based organiser of exhibitions and conferences. It focuses on Russia and other emerging markets. It is headquartered in London and is a constituent of the FTSE 250 Index. The company was established in the early 1990s when the founders of ITE launched a series of trade events in the new market economies of Russia and the CIS. Today, the Group organises over 230 trade exhibitions and conferences each year in 21 countries and employs over 1,100 staff in 40 offices worldwide.

The company's main focus is business-to-business exhibitions and conferences, although it also publishes a small number of trade magazines. ITE's main industry sectors are: automotive; beauty & cosmetics; building & interiors; construction & machinery; electronic & electrical engineering; engineering industrial technology; fashion, clothing & textiles; food, drink & hospitality; furniture & interiors; healthcare & medical; mining; oil, gas & energy; paper, print & packaging; security; transport & logistics; and travel & tourism.

History

The business was founded in 1991.[2] It was first listed on the London Stock Exchange in 1997. In 2008 it acquired Primexpo NW LLC, a conference organiser based in St Petersburg[3] and has subsequently acquired further businesses in Moscow (MVK),[4] Krasnodar (Krasnodar LLC),[5] Istanbul (YEMF and Platform Exhibitions)[6][7] Kyiv (Autoexpo and Beautex),[8][9] Mumbai (ABEC),[10] and Kuala Lumpur (Trade Link).[11]

Exhibitions

ITE organises over 230 exhibitions annually including: MosBuild, Moscow International Travel & Tourism (MITT), WorldFood Moscow, Moscow International Oil & Gas Exhibition (MIOGE), Aquatherm Moscow, Moda, MiningWorld Russia, Moscow International Security & Protection (MIPS), Cosmobeauté Asia, Metaltech, KyivBuild, Paperex, SIA, YAPI - TurkeyBuild, Expoelectronica, Kyiv International Oil & Gas Exhibition (KIOGE), East Mediterranean International Travel & Tourism (EMITT), Bubble London, Acetech, and TransAsia.

Operations

The business is organised on a geographic basis:

See also

References

  1. ↑ 1.0 1.1 1.2 Preliminary results announcement for the year ended 30 September 2013
  2. ↑ Dancing with the Bear
  3. ↑ Deal round-up
  4. ↑ Acquisition of ZAO MVK expands ITE's presence in the Russian exhibitions market
  5. ↑ Acquisition of Krasnodar Expo expands ITE's presence in the regional Russian exhibitions market
  6. ↑ Acquisition of 60% of YEM FUARCILIK A.Ş. strengthens ITE's leading position in the building materials and construction sectors
  7. ↑ Acquisition of Platform Exhibitions Inc strengthens ITE's position in the beauty sector
  8. ↑ Acquisition of the exhibition assets of Autoexpo strengthens ITE's leading position in the Ukraine market
  9. ↑ Acquisition of Beautex strengthens ITE's leading position in the Ukraine market
  10. ↑ Acquisition of minority stake in ABEC strengthens ITE's position in the Indian market
  11. ↑ Acquisition of Trade Link establishes presence in South East Asia

External links

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