Sign in or Register
 
 
Fonix
Register today to receive each issue absolutely FREE!
Exhibition News Awards




EN looks back over 150 years of Perton Signs and the company’s...

UK organisers are renowned for launching successful exhibitions and...

The Commonwealth Games and Ryder Cup will be heading to Scotland’s...

Exhibition News April 2014
April 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
CPhI Worldwide, part of UBM Live has appointed Rutger Oudejans to the role of brand director of the UBM Pharma Portfolio.

Prime Minister backs APPG Events inquiry
posted on: 16/4/2014 11:22:59
Prime Minister David Cameron has endorsed the All Party Parliamentary Group (APPG) Inquiry for Events.

The organisers of the International Festival for Business (IFB) have extended their promise to showcase the strengths of the UK’s economic recovery with a series of new events.

The Vintage Sports-Car Club has chosen Peterborough Arena to stage a week of celebrations to mark its 80th milestone.

Global Experience Specialists (GES) has appointed Rob Collins to the position of director of new congress business.