Friday, November 14, 2014

Tarsus’ interim results on track

News this week: Earlier this week, London-listed media group, Tarsus Group, released its interim results for the period 1st July to 10th November 2014. Tarsus’ management reported that third quarter results and outlook for the 2014 full year remains in line with the company’s expectations, with current like-for-like bookings adjusted for biennial cycling coming in 8% ahead of 2013.

Tarsus announced its annual Guangzhou auto-aftermarket exhibition, AAITF, will be relocated to Shenzhen beginning in 2015. The company’s management also highlighted its future strategy to focus on six key geographical areas which include the U.S., China, Southeast Asia, Dubai, Turkey and Mexico.

Douglas Emslie, managing director of Tarsus Group, commented, “We have had a very good third quarter with strong performances across the major brands: Zuchex, Sign, Labelexpo and Offprice. We expect solid performances from our remaining shows in 2014 and the Group remains confident of delivering a good performance for the full year. We continue to drive our “Quickening the Pace” strategy through organic growth, brand replications and small acquisitions that accelerate our strategic goals.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

No comments: