Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTarsus Regulatory News (TRS)

  • There is currently no data for TRS

Pre-close Trading Statement

30 Jun 2010 07:00

RNS Number : 4674O
Tarsus Group PLC
30 June 2010
 



 

Tarsus Group Plc

 

30th June 2010

 

Pre-close Update

 

Group trading in-line with expectations and well positioned for the future

 

Tarsus Group Plc. ('Tarsus' or 'the Group') (LSE:TRS), the international business-to-business media group, is today providing investors with a pre-close update on trading.

 

Group Performance

 

The Group's results remain heavily weighted towards the second half of the year when the majority of our exhibitions occur. As such, there is little to add on first half trading performance since the Interim Management Statement released on 10 May 2010 when the Board indicated that trading for the period had been in line with the Board's expectations.

 

Overall, the business continues to perform well and we are once again seeing good visibility for the year as a whole. Approximately three quarters of expected 2010 full year revenues are now contracted, a similar amount as at the same stage last year.

 

Divisional Performance

 

MEBA, our largest event in the Emerging Markets this year, is showing strong growth. From a strategic perspective, we are also seeing good progress with our "Project 50/13" initiative which will accelerate the pace at which we increase our scale in Emerging Markets.

 

Our US business continues to build momentum with sales ahead of 2009. Sales for our largest event of the year, Labelexpo Americas, have improved since the IMS but are still slightly behind its prior cycle.

 

In France our key fourth quarter events continue to show signs of stabilisation.

 

Douglas Emslie, Group Managing Director, commented "We are very pleased with the progress we are making; the opportunities we are seeing in both the Middle and Far East continue to develop and there are signs of economic recovery in our European and US Markets. We are already seeing tangible evidence that our 50/13 strategy is creating opportunities to leverage our business in our chosen markets."

 

The next update on performance will be provided at the interim results on 28 July 2010 which will cover both the six month period to 30 June 2010 and importantly the outlook for the second half of the year.

 

 

For further information, please contact:

 

Tarsus Group Plc

 

Douglas Emslie, Group Managing Director 020 8846 2700

 

Ashley Milton, Group Finance Director 020 8846 2700

 

Media

 

Matthew Moth, Madano Partnership 020 7593 4000

 

Investors/Analysts

 

Neville Harris, IRfocus 020 7593 4015

 

Stephen Scott, Jeremy Wiseman, Scott Harris 020 7653 0030

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUKUNRRAANUAR
Date   Source Headline
24th Sep 20077:02 amRNSAcquisition
5th Sep 20077:00 amRNSInterim Results
5th Sep 20077:00 amRNSAcquisition
24th Jul 20078:18 amRNSCapRegen First Day of Dealing
12th Jul 20077:00 amRNSAcquisition
2nd Jul 20077:00 amRNSTrading Statement
2nd Jul 20077:00 amRNSTrading Statement
29th Jun 20072:29 pmRNSAdditional Listing
26th Jun 20072:24 pmRNSLaunch & Float of CapRegen
24th May 200711:47 amRNSDirector/PDMR Shareholding
18th May 20074:20 pmRNSHolding(s) in Company
11th May 20073:18 pmRNSDirShrHolding & Add Listing
2nd May 20075:33 pmRNSAdditional Listing
30th Apr 20072:32 pmRNSDirector/PDMR Shareholding
20th Apr 20072:53 pmRNSHolding(s) in Company
20th Apr 20072:50 pmRNSTVR & Director Shareholding
18th Apr 20074:59 pmRNSResult of AGM
18th Apr 20077:00 amRNSAGM Statement
30th Mar 20074:05 pmRNSTotal Voting Rights
28th Mar 200712:45 pmRNSHolding(s) in Company
28th Mar 200712:43 pmRNSHolding(s) in Company
22nd Mar 20076:26 pmRNSDocument submissions
20th Mar 20072:08 pmRNSHolding(s) in Company
20th Mar 20071:50 pmRNSHolding(s) in Company
16th Mar 20074:57 pmRNSAdditional Listing
14th Mar 20075:13 pmRNSPDMR Options
9th Mar 20075:26 pmRNSHolding(s) in Company
8th Mar 20074:52 pmRNSPDMR Option Excercise
8th Mar 20074:49 pmRNSAnnual Information Update
7th Mar 200711:57 amRNSHolding(s) in Company
1st Mar 20077:03 amRNSFinal Results
14th Feb 20077:00 amRNSChinese Partnership
26th Jan 20075:15 pmRNSHolding(s) in Company
23rd Jan 20077:00 amRNSNotice of Results
4th Jan 20077:01 amRNSDirectorate Change
4th Jan 20077:00 amRNSTrading Statement
18th Dec 200610:21 amRNSAdditional Listing
15th Dec 20065:33 pmRNSTotal Voting Rights
23rd Nov 200611:02 amRNSHolding(s) in Company
16th Nov 20067:02 amRNSAcquisition & Vendor Placing
2nd Nov 200611:29 amRNSChinese Business Presentation
1st Nov 20067:00 amRNSAdditional Listing
3rd Oct 20067:00 amRNSAcquisition
26th Sep 20064:14 pmRNSScrip Dividend Circular
19th Sep 200610:51 amRNSDirector/PDMR Shareholding
4th Sep 20067:02 amRNSInterim Results
31st Aug 20067:00 amRNSNotice of Results
4th Jul 20065:29 pmRNSDirector/PDMR Shareholding
4th Jul 20067:00 amRNSTrading Statement
24th Apr 20062:09 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.