Hyve falls after trading update

Shares in FTSE 250 exhibitions organiser Hyve (LON:HYVE) dropped by 2.24% to 104.60p (as of 12:50 GMT) after management said that Q1 remained fairly quiet for structural reasons. The company’s revenues for the three months ended 31st December were up by 7% year-on-year.

Forward bookings were 3% higher than at the same point last year and management said the company is on track to meet full-year expectations.