Sign in or Register
 
 
Register today to receive each issue absolutely FREE!


Sales Manager
London

Sponsorship Manager
London

Marketing Executive
South West, London

Sales Executive
London



Excel London’s board brings six decades of experience at the venue...

Tom McInerney, director of Etherlive gives EN his cyber security top...

EN discovers Millbrook is a diverse venue with added va-va-voom. ...

Exhibition News October 2014
October 2014

Tarsus reports Middle East growth and western decline
posted on: 7/3/2011 11:27:55
Money egg RESIZED

Event organiser Tarsus Media Group reported strong performance in 2010, the weaker year in the company’s biennial cycle, with strong performance in its medical, Middle East and emerging market sectors.

Emerging market results included a 22 per cent revenue growth and 27 per cent visitor rise to Labelexpo India, and a 40 per cent revenue growth and 13 per cent visitor rise at Dubai business aviation event MEBA. Medical sector events grew 18 per cent.

Meanwhile, Labelexpo Americas revenues were down seven per cent and revenues for the company’s French office dropped five per cent.

Revenue was £43.6m (US$71m), three per cent up on comparable biennial year 2008. Total profit after tax was £4.3m (US$7m) compared to £4.9m (US$8m) in 2009.

“As 2010 progressed it became increasingly apparent that the global economic recovery had begun,” said Tarsus chairman Neville Buch. “With the geographic and product diversity of our portfolio of events, we not only saw recovery but also good growth, particularly from our emerging markets and medical events.

“2011 will be an exciting year for the group with both Labelexpo Europe and the Dubai Airshow taking place. The board is increasingly confident that the improving trends evidenced in the fourth quarter of 2010 will flow into 2011.”

Earlier this year Tarsus predicted revenue growth of six per cent.

Comments, questions or tips? Email exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Running the Pyongyang Marathon, or skiing on North Korea’s uncrowded mountain slopes will be on offer at a leading travel exhibition after Reed Exhibitions secured the notable exhibitor coup of the secretive global power.

Thorns Group to restructure executive team
posted on: 30/10/2014 14:55:51
Independent events supplier Thorns Group has announced it will restructure its executive team, to prepare for the next phase of growth of the company.

The International Convention Centre (ICC) Birmingham, is to host the Museums Association Annual Conference and Exhibition for the first time next year.

Police were called to the Fashion & Lifestyle Exhibition held at EventCity, after organisers were confronted by exhibitors disappointed with the show’s low turnout.

International Confex is to host an Association Events Forum in a bid to attract further international and UK associations to the 2015 event.