Sign in or Register | Newsletter
 
 



Register today to receive each issue absolutely FREE!





From superhero movies to comic conventions, it’s a geek's world and...


Logistics suppliers are playing an increasingly important role for...


Planning approval is being sought for a new Titanic Exhibition Centre...


Marketing and event specialist, UKFE tells EN how its inaugural...


Richard Dove from Showplans Technology Group, explores the changing...


Event organisers are harnessing the power of telemarketing to...

Exhibition News August 2015
August 2015

Read it online
now for free!

Tarsus trading update highlights revenue growth in Turkey
posted on: 29/6/2012 10:01:37
Arrows on globe

Tarsus Group has issued a pre-close trading update highlighting revenue growth and strong forward bookings led by its Turkish operations in recent months.
 
In a statement on 29 June, the company said forward bookings are at 77 per cent of anticipated full-year revenues, compared with 70 per cent in 2011 (adjusted for biennial events). Tarsus said revenues are heavily weighted towards the second half of the year due to its exhibition timeline, but that trading over the first six months of the year has been in line with the board’s expectations.
 
Tarsus has been aggressively ramping up its emerging markets portfolio as part of plans to see half of its revenues coming from these territories by 2013. In its latest trading statement, the firm flagged a 17 per cent year-on-year increase in revenues for its recycling, environment and waste event, REW Istanbul, in June.
 
IFO Turkey, which Tarsus acquired 12 months ago, also continues to perform well, the company stated. The group purchased a 70 percent stake in Turkish-based Life Media in March to further shore up its position in the region.

Other recently held events that performed ahead of expectations include Tarsus’ paid-for Orlando medical event in May, which saw a 15 per cent revenue rise.
 
“We are increasingly focused on organic growth through the development of our international portfolio with a view to accelerating earnings growth,” Tarsus Group MD Douglas Emslie said.
 
“We are confident this can be achieved given our operational expertise and the exposure we have to higher growth markets.”
 
Got a story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS

With one month to go before the Association of Event Organisers’s (AEO) annual conference, organisers have confirmed Facebook, JCB and Microsoft have joined the speaker line-up.


The final preparations are underway at Exhibition Centre Liverpool ahead of its opening in September.


2015 half-year results wrap-up
posted on: 3/8/2015 15:42:04
It has been a busy few weeks for finance teams and analysts as they crunch the numbers to reveal how exhibition and conference organisers performed for the first-half of 2015.


BDC to launch new wi-fi service
posted on: 3/8/2015 14:55:22
The Business Design Centre (BDC) has announced the launch of a new pioneering wi-fi service with latest Next Generation Access Points.


Yorkshire Event Centre (YEC) has signed a deal with Great White Events Ltd securing the brand new Northern Shooting Show on a three year deal.