ITE Group Posts 44% Rise In H1 Profit, Raises Dividend By 11%

ITE Group Plc reported a rise in its first-half profit and lifted its interim dividend. ITE Group's adjusted pretax profit for the period climbed to 13.1 million pounds, versus 9.1 million pounds, in the year-earlier period. Its revenue climbed 29% to 68.6 million pounds. On a like-for-like basis, the company's revenue gained 9%. ITE Group lifted its interim dividend by 11% to 2.1 pence.