Tarsus reports trading in-line with strong performances from major events
(ShareCast News) - Integrated media group Tarsus announced on Thursday that increased trading witnessed in its second half had kept the group in-line with its guidance as key events performed well and buyer levels ticked up 7%.
Tarsus' two largest events, Connect Expo in New Orleans and Labelexpo Europe in Brussels, were held during the period, as well as other major events such as the Dubai Airshow yet to come, the firm promised "another strong year" as like-for-like bookings grew 8%.
Buyers at Labelexpo Europe were up by 6% on the previous edition and re-bookings came in at an impressive 84%.
Douglas Emslie, managing director of Tarsus, said, "Our busier second half of the year has been strong, as expected, with our largest shows continuing to make good progress. We are delighted by the performance of the more recent additions to the Group's portfolio in the key markets of the Americas and China, where we are progressively scaling the business."
Tarsus, which operated more than 100 events and websites across Europe, the Americas, Asia and the Middle East, said it would be releasing its trading update for the full year ended 31 December on 12 January 2018.
As of 1130 BST, shares were untraded at 301.00p.