Exhibition organizer says bookings hurt by Turkey coup attempt

Exhibition organizer says bookings hurt by Turkey coup attempt

LONDON - Reuters

AFP photo

Exhibition organizer ITE Group Plc said on Oct. 3 that the attempted coup in Turkey in July had “significantly affected” international travel to the country, hurting the company’s bookings on Turkish events.
ITE reported an 8 percent fall in like-for-like revenue in its fourth quarter ended Sept. 30, despite recording benefits from the post-Brexit weakness of the pound.

Revenue for the period remained flat at 23 million pounds ($29.63 million).

ITE maintained its full-year 2016 revenue forecasts at 133 million pounds and added that it expected to see material benefits from the improvement in relations between the Russian Federation and Turkey from 2018.