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Tarsus Group Delivers Good 2018 Performance In Line With Views

Mon, 14th Jan 2019 10:33

LONDON (Alliance News) - Tarsus Group PLC on Monday said it delivered a good operational and financial performance in 2018 and expects its annual results to be in line with the board's views.

The company expects like-for-like revenue at constant exchange rates to increase by around 9% on the previous year when it came in at GBP117.7 million.

"2018 saw the launch of the latest phase of our 'quickening the pace' strategy and we delivered against that strategy with another good year of progress both operationally and strategically," Managing Director Douglas Emslie said.

The business-to-business media group added that its 2019 prospects are positive as it recorded "encouraging" forward bookings, with total like-for-like bookings up 10%.

"Whilst it is very early in the year, the board is confident of another good performance in 2019," Tarsus said.

Tarsus expects to publish its 2018 results on February 27.

Tarsus shares were trading up 1.8% at 260.68 pence each.

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