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


Data Manager
Wimbledon

Sales Manager
Farnborough

Sales Manager
London

Sponsorship Manager
London



Stephane Doutriaux founder of event tech company Poken tells EN how...

EN editor Jamie Wallis takes the trip up to Shropshire to have lunch...

Event manager Chris Brazier needs no wake-up call ahead of the 2015...

Exhibition News November 2014
November 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
The Back to the Future theme, complete with a De Lorean DMC-12 was among the highlights at Event Supplier & Services Association’s (ESSA) G50+Conference event on 20 November.

Business Events Bournemouth has launched a new service as a single point of contact for anyone planning, running and attending a major event in the south coast resort.

Exhibition venue Peterborough Arena is set to host a new regional fundraiser Pretty Muddy next summer, run by organiser of the Race for Life events, Cancer Research UK.

The Farm Business Innovation Show, one of the world’s largest rural enterprise exhibitions, will relocate from London’s Olympia to the NEC from 11-12 November 2015.

Ex-VNU Business Publications MD Brin Bucknor has joined Mash Media to spearhead the event and publishing company's commercial development.