Tarsus Group Plc (TRS.L) issued a pre-close update on trading since its interim management statement of May 15, 2012.
The company noted that trading for the first six months of the year had been in line with Board expectations. Forward bookings for the Group now stand at 77% of anticipated full year revenues compared with 70% at the same time in 2011. Revenues are heavily weighted towards the second half of the year owing to timing of the company's large exhibitions.
Momentum in emerging markets division has continued driven by a combination of strong revenue growth and the successful integration of recent acquisitions. Moreover, Tarsus' Orlando Medical event in May was well ahead of its previous edition with revenues increasing 15%. The company also stated that trading in its French business continues to be in-line with expectations and Tarsus remains cautious for the full year outlook in Europe.
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