Hyve releases trading update

London, 8th April: Recently, the Hyve Group (formerly ITE Group) released its trading update for the six months ended 31st March 2021. Revenues in the six-month period are expected to be approximately £10 million (US$14 million). Net debt is expected to be £92 million (US$126 million).

Hyve has run 24 physical events since the onset of COVID-19 pandemic including 12 events running in the previous six months in China, India as well as in Turkey, Russia, and the Ukraine.