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Pre-bookings create a sunny outlook for Tarsus

The media and events company has had a decent first six months and the weighting towards the second half makes the outlook better
July 28, 2016

You can't really compare Tarsus ' (TRS) interim results to the same period last year as the media events company's workload is loaded on a biennial basis, with its two big events coming in every 'odd-numbered' year. However, move back a step and compare the interim financials to those of 2014, and things are looking good; with like-for-like revenues and adjusted pre-tax profits up 11 per cent and 26 per cent, respectively.

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The emerging markets segment is a key driver of that growth, with revenue up 26 per cent on the first half of 2014, to £14m. This is largely a result of increased attendance at the key GESS education event in Dubai and the launch of that event in both Mexico and Indonesia. Managing director Douglas Emslie hinted that a fourth geography for this popular event would be announced soon.

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