Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Tarsus Grp PLC (TRS)

  Print      Mail a friend

Friday 12 January, 2018

Tarsus Grp PLC

Trading Update & launch of next phase of strategy

RNS Number : 6656B
Tarsus Group PLC
12 January 2018
 

12 January 2018

Tarsus Group plc

Year-end Trading Update and launch of next phase of strategy

Overview

Tarsus Group plc (LSE: TRS, "the Group", "Tarsus"), the international business-to-business media group, delivered a strong performance in 2017 with like-for-like revenues (at constant exchange rates) and overall visitor numbers both increasing by 7%.

The Board anticipates that results for the year ended 31 December 2017 will be in line with its expectations. 

Recent trading and outlook

Since the issue of its Trading Update on 21 November 2017, the Group has held three of its larger events. Labelexpo Asia achieved very strong revenue and visitor growth. The Flower Show in Turkey and the World Anti-Aging Congress in Las Vegas both performed in line with expectations.

Prospects for organic growth in 2018 are positive. Forward bookings are encouraging and in line with its mission to drive scale and momentum, the Group intends to continue replicating its most successful brands worldwide over the coming year.

Overall, across the portfolio, bookings are tracking 10%+ ahead - in line with management expectations. While it is very early in the year, we are confident of another good performance in 2018.

Strategy update

Since 2013, the Tarsus strategy of "Quickening the Pace" has seen the Group significantly extend its reach into new geographies and industries. Over the past five years, average organic revenue growth has been 9% and average visitor growth 8% - well ahead of the marketplace. This growth has been reflected in strong returns to shareholders with dividends per share rising by an average of 8% per annum over that period.

2017 has seen the culmination of the "Quickening the pace" strategy, with excellent progress made across the board:

-     Visitor/buyer growth across the portfolio was up 7% on a like-for-like basis - well ahead of the Group's target of 5%. 

-     Strong growth was delivered once again in the Group's flagship events.

-     The number of replications launched during the year increased to 28.

-     The three major acquisitions made at the end of 2016 - Connect (US), Hometex and Intex (both China) were successfully integrated into the Group, with all three businesses delivering performances at least in line with their acquisition case.

-     The Group consolidated its position in the fast-growing Mexican marketplace, with its JV with E.J Krause acquiring a further 9 events.

Now Tarsus is set to build on this success with the next phase of its strategy: "Quickening the Pace - Driving Scale and Momentum" ("QTP 2"). Recent years have laid the foundations for further organic growth. The Group has established a strong position in its chosen transitional markets and built a portfolio of leading events. This new phase will focus on building the scale and momentum of the Group, driving the organic growth of our existing businesses, replicating Tarsus brands and acquiring new platforms for growth.

Buyer growth remains a key component of our strategy. Attracting the right buyers to deliver improved ROIs for customers will continue to be a priority and the Group is confident it can maintain its industry- leading performance in attracting high-quality buyers.

Douglas Emslie, Tarsus Group Managing Director, said:

"Our excellent performance in 2017 was the culmination of our Quickening the Pace strategy. Over the last five years we have expanded across the map, partnering with passionate entrepreneurs, building a strong portfolio and creating leading brands. This has resulted in strong returns for our shareholders.

"We have laid the foundations - the next phase of our strategy, "QTP 2 - Driving Scale and Momentum", will build on them. Through to 2021 we will deepen our presence in high-growth markets; focus relentlessly on improving the experiences of our exhibitors and their buyers; and look to maximise the scale of our existing events. Accordingly we will be continuing to invest to scale our replication program.

"Across the group as a whole, the outlook for 2018 is positive. Our forward bookings are encouraging, our portfolio is strong."

The Group expects to announce its final results for the year ended 31 December 2017 on 28 February 2018.

The Company will be hosting a presentation to analysts at 11.00am today at the offices of Deutsche Bank plc at 1 Great Winchester St., London EC2N 2DB covering the Group's performance in 2017 and an update on Group strategy.  No new material information will be made available.

For further information contact: 

 Tarsus Group plc:


 Douglas Emslie, Group Managing Director

020 8846 2700

 Dan O'Brien, Group Finance Director




 

 IR Focus


 Neville Harris

07909 976044



 

Notes to editors

Tarsus Group plc. (LSE:TRS) is an international business-to-business media group with interests in exhibitions, publishing and online media.  The Group operates globally in the US and Americas, China, Southeast Asia, the Middle East and North Africa, Turkey and Europe, in key verticals including aviation, medical, labels and packaging, discount clothing (Off-Price), travel, housewares and automotive. 

Tarsus runs more than 150 events and websites and its flagship brands include the Labelexpo Global Series in Europe, the Americas and Asia and the Dubai Airshow. 

The Group operates across a worldwide network of offices in Dublin, London, Jakarta, Milwaukee, Atlanta, Boca Raton (Florida), Dubai, Shanghai and Istanbul. 

For more information visit www.tarsus.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTSFUFMFFASELF

a d v e r t i s e m e n t