Tarsus encouraged by ‘good organic revenue’

Global event organiser Tarsus Group has reported strong 2017 major event forward booking, as it releases its trading update on the financial year to date.

The group says its trading in the second half to date is in line with management expectations with key events ‘performing well’.

The outlook for 2016 as a whole also remains in line with management expectations, with current like-for-like bookings 8% ahead and buyer growth 7% ahead of 2015 (adjusted for biennial events).

Forward bookings for Tarsus’ major events in 2017 remain strong, in particular, for the group’s Turkish events for the first half of 2017.

Doug Emslie, Tarsus Group managing director, said: “We continue to drive our Quickening the Pace strategy and are encouraged to see good organic revenue and buyer growth across the Group’s portfolio. The momentum we saw in the first half has continued into the second half and we have seen strong performances across our major brands.

“We expect positive performances from our remaining shows this year and the group remains confident of delivering a good result from our diversified portfolio for the full year. Bookings for our larger biennial events in 2017 remain strong.”

The group expects to publish a trading update for the year ending 31 December 2016 on 10 January 2017.

Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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