Tarsus Group, the international business-to-business media group, has announced its trading update on the current financial year to date.
The group’s trading in the second half to date has been in line with the company’s expectations with key events performing well. The outlook for 2016 as a whole remains in line with management expectations with current like-for-like bookings eight per cent ahead and buyer growth seven per cent ahead of 2015 (adjusted for biennial events). Forward bookings for the group’s major events in 2017 remain strong.
Douglas Emslie, Tarsus Group’s 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 December 31, 2016 on January 10, 2017.