The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTarsus Share News (TRS)

  • There is currently no data for TRS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tarsus Group Trades In Line With Management Expectations

Thu, 16th May 2019 11:53

LONDON (Alliance News) - Tarsus Group PLC on Thursday said trading in its financial year to date is in line with management expectations, as forward booking reached the top end of its growth range.

The business-to-business media group said forward bookings are towards the top end of its targeted growth range of 5% to 10%.

It also clarified that trading for 2019 is "heavily second half weighted" with revenue predominantly dollar denominated.

In the Americas, the Connect business continued to perform well and in Mexico the group had record editions of the two largest events, Expo Manufactura and Plastimagen.

Meanwhile, China produced good growth overall, the firm added.

"Trading so far in 2019 - the larger of the years in our biennial cycle - has been encouraging with buyer/visitor growth remaining strong. We have a full replication pipeline this year and remain focused on driving organic growth through scaling up our portfolio in line with our 'Quickening the Pace 2 strategy'," Tarsus said.

"Bookings overall remain towards the top end of our target range and we are anticipating record events at our two major biennial shows - Labelexpo Europe and the Dubai Airshow - later in the year. We remain confident that this will be another year of strong progress for the group."

Tarsus will publish its interim results to June 30 on July 31.

Tarsus shares were up 1.0% at 320.00 pence on Thursday.

More News
12 Mar 2014 16:46

DIRECTOR DEALINGS: Tarsus Managing Director Gets Shares

LONDON (Alliance News) - Tarsus Group PLC Wednesday said a SIPP managed on behalf of Group Managing Director Douglas Emslie bought 3,849 shares at a price of 206 pence per share. Following this transaction, Emslie now holds 910,152 shares. The stock closed at 203.00 pence Wednesday, d

Read more
4 Mar 2014 14:35

Tarsus Group profits rose in a year marked by international expansion

AExhibition and conferences group Tarsus saw revenues rise by 23 per cent last year, driven by its expansion into several emerging markets, such as Indonesia and Mexico. The firm also carried out three strategic acquisitions, namely SIUF in China, Komatek in Turkey and Cardio in the US. Sales ros

Read more
4 Mar 2014 10:33

Tarsus Raises Dividend On 2013 Pretax Profit Growth

LONDON (Alliance News) - Tarsus Group PLC Tuesday raised its total dividend as increased revenue boosted pretax profit in 2013. The events and business-media group expressed confidence of a good performance in 2014. Tarsus declared a total dividend of 7.3 pence for 2013, up from 6.8 pence

Read more
4 Mar 2014 10:11

STOCKS NEWS EUROPE-UK small caps advance, John Menzies underperforms

The FTSE Small Cap index and junior-listed AIM shares rise 0.5 percent and 0.3 percent respectively, lagging the mid-caps and the blue chips, which are both up by more than 1 percent. John Menzies drops 3 percent after the company, whose interests are split between a publication distributio

Read more
10 Feb 2014 11:19

UPDATE: Tarsus Group Completes Placing As It Buys US, Turkish Events Companies

LONDON (Alliance News) - Media company Tarsus Group PLC Monday said it has bought the whole of HealthScienceMedia Inc. in the US and 60% of SADA Uzmanlik Fuarlari A.S. in Turkey, giving it control of the largest cardiometabolic event in the US and Turkey's largest construction equipment trade exh

Read more
10 Feb 2014 09:55

Tarsus Group Launches Placing As It Buys US, Turkish Events Companies

LONDON (Alliance News) - Media company Tarsus Group PLC Monday said it has bought the whole of HealthScienceMedia Inc. in the US and 60% of SADA Uzmanlik Fuarlari A.S. in Turkey, giving it control of the largest cardiometabolic event in the US and Turkey's largest construction equipment trade exh

Read more
16 Jan 2014 06:19

UK Dividends Calendar - Week Ahead

Read more
15 Jan 2014 06:26

UK Dividends Calendar - Week Ahead

Read more
14 Jan 2014 16:02

UK Dividends Calendar - Week Ahead

Read more
8 Jan 2014 15:54

Tarsus expected to deliver flat earnings after FX headwinds

Events business Tarsus is likely to have flat earnings growth after unfavourable currency movements and slower medical sector growth offset a generally strong second half. Group like-for-like organic revenue rose 11% at constant exchange rates, meaning full-year pre-tax profits and net debt for the

Read more
16 Dec 2013 08:16

Monday broker round-up UPDATE

Admiral Group: Deutsche Bank moves target price from 1300p to 1330p and maintains a hold recommendation. Allocate Software: N+1 Singer raises target price from 98p to 108p keeping a buy recommendation. Amlin: Deutsche Bank ups target price from 465p to 484p reiterating its hold recommendation. Ca

Read more
26 Nov 2013 11:02

Tarsus Agrees To Joint Venture With EJK

Read more
26 Nov 2013 10:50

Tarsus Group buys stake in E.J. Krause & Associates

Business-to-business media company Tarsus Group is establishing a joint venture with E.J. Krause & Associates (EJK) through the acquisition of a 50 per cent stake in the company which owns two major exhibitions in Mexico. The joint venture owns two events in Mexico. The first is Plastimagen, an exh

Read more
26 Nov 2013 08:18

Tuesday broker round-up UPDATE

BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener

Read more
4 Nov 2013 10:43

Tarsus Group Confident For Full-Year Results On Strong Bookings

Read more

Quickpicks are a member only feature

Login to your account