Press

Hyve's first financial results show 7% revenue increase

Financial

Exhibition World

03/12/2019

International exhibition organiser Hyve Group has reported a 7% increase in revenue to £220.7m (US$286.6m) (2018: £175.7m) for 2019.

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Hyve Group revenues grow in 2019

Events, Financial

Exhibition News

03/12/2019

Hyve Group has reported a 7% increase in revenue to £220.7m (2018: £175.7m) for 2019. The company has also reported a statutory profit before tax increase to £8.7m (2018: loss of £3.7m). Headline profit before tax increased to £50.4m (2018: £35.4m), a 42% increase on last year, and headline diluted EPS was 4.9p (2018: 4.9p), in line with last year after the full-year impact of the additional shares issued through last year’s rights issue.

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Hyve Group starts 2020 with “stronger portfolio of events than ever before”

Financial

Proactive UK

03/12/2019

In the year to 30 September, Hyve swung to a pre-tax profit of £8.7mln from the £3.7mln loss recorded in 2018

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Hyve Swings To Annual Profit As Acquisitions Boost Revenue Growth

Financial

London South east

03/12/2019

(Alliance News) - Hyve Group PLC on Tuesday expressed confidence for the year ahead as it swung to profit in its most recently ended financial year.

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Hyve's narrower focus boosts margin

Events, Operations

Investors Chronicle

03/12/2019

Hyve’s (HYVE) decision to reduce the size of its portfolio and focus on the most lucrative higher-margin events has started to bear fruit, prompting a rise in the operating margin to 25 per cent in its 2019 trading year, up from 22 per cent in FY2018. The group - formerly trading as ITE - sold 56 non-core Russian events and closed another 24 across that country and central Asia.

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