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Tarsus Says Trading Remains In Line With Expectations - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Tarsus Group Plc. (TRS.L), a business-to-business media group, said in an interim management statement for the period from January 1 to May 16 that trading has been positive and remains in line with the Board's expectations. Revenues are up 9 percent on a like for like basis.

According to the company, revenues are heavily weighted towards the second half of the year owing to the timing of exhibitions.

Forward bookings for the year to December 31 are tracking 11 percent ahead of last year. Bookings for the Group's two largest events - the Dubai Airshow and Labelexpo Europe - are currently well ahead of their previous editions.

The Group's emerging markets businesses continue to gain momentum through strong revenue growth and the successful integration of recent acquisitions.

Douglas Emslie, Tarsus Group Managing Director, said, "We have made a good start in 2013 and are experiencing strong momentum and sales progress, on the back of the successful completion of our Project 50/13 strategy to significantly expand our footprint in emerging markets.''

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