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Tarsus bookings ahead of target

By BFN News | 08:19 AM | Thursday 17 May, 2018


Forward bookings at Tarsus Group, the international business-to-business media group, continue to be ahead of the company's targeted growth range. The group said trading since the publication of the group's annual results on 28 February has been in line with the board's expectations. As previously guided, trading for 2018 is heavily second half weighted with revenues predominantly dollar denominated. In the US, as the Connect business has traded strongly and the Medical portfolio has continued to grow. In China, the Spring Hometex event was a record edition and trading in Dubai and Mexico has been positive. The trading pattern in Turkey is similar to last year with a weak first half but more positive forward bookings for the larger shows in the second half. Douglas Emslie, Tarsus Group managing director, said: "The next phase of our Quickening the Pace strategy, launched in January this year, is focused on increasing the scale of our individual events as well as driving the momentum of the overall portfolio through replication of our leading brands. "The outlook for the global exhibition industry continues to be positive and with a deepening presence in the US and China - the two largest individual markets - we are well placed to continue to deliver encouraging growth in the years ahead." At 8:19am: (LON:TRS) Tarsus PLC share price was +1p at 303p Story provided by StockMarketWire.com

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