17th May 2016 08:06
LONDON (Alliance News) - Events company Tarsus Group PLC on Tuesday said trading thus far in 2016 has been in line with its expectations, with robust performance across its portfolio.
Tarsus said buyer growth on a like-for-like basis in the year to date is tracking ahead of its internal target of 5.0%, while forward bookings are around 10% ahead on a like-for-like basis.
Tarsus said the Chinese market has performed well, with the SIUF underwear show improving trading year-on-year. Turkey was in line with expectations, while Tarsus has continued to see growth from its Dubai portfolio.
Growth in the US has been solid, the company said, with its Medical division performing in line.
"We are mindful of the current global macroeconomic uncertainty and geopolitical risk and have budgeted accordingly. We remain positive about our trading prospects for 2016 and have a strong bookings position for our larger 2017 biennial events," said Douglas Emslie, Tarsus's managing director.
Tarsus shares were up 1.2% to 263.58 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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