ITE Group plc – Trading Update
• Very strong current core Russian & CIS
business trading
(especially
Construction, Travel, Oil & Gas & Motor Sectors)
•£33.9m of sales
booked for 2002/2003
(£29.7m
of sales booked at the same time last year)
•£17.0m collected
2002/2003 – 50%
(£15.4m collected at the same time last year – 52%)
•65% of market
expectations for sales for 2002/2003 now booked
(same time last year
57%)
(NB: more late cycle shows this year – Mioge,
Autosalon)
•Like for like
forward sales for 2002/2003 up 17% compared with
same time last year
