Tarsus Group PLC Pre-close Trading Update (0748I)

TIDMTRS

RNS Number : 0748I

Tarsus Group PLC

28 June 2013

Tarsus Group plc

Pre-close trading update

Tarsus Group plc (LSE: TRS, 'the Group', 'Tarsus'), the international business-to-business media group, today provides a pre-close update.

Trading for the first six months of the year has been in line with Board expectations. Forward bookings for the year to 31 December 2013 are tracking 11% ahead of last year (as adjusted for biennial events and acquisitions) and we expect an excellent outcome for 2013.

Since 17 May 2013 there has been one event held by the Group in Turkey. REW, the recycling, environment and waste event was held in Istanbul in June 2013. The event's revenue was ahead of last year's edition and was in line with management expectations.

Revenue is heavily weighted towards the second half of the year owing to the timing of the Group's large exhibitions.

Sales for the Group's two biggest events, The Dubai Airshow (including bookings received at last week's Paris Airshow) and Labelexpo Europe continue to be well ahead of their previous cycle.

The Group expects to publish its interim results for the six months ending 30 June 2013 on 31 July 2013.

For further information contact:

 
 Tarsus Group plc 
 Douglas Emslie, Group Managing 
  Director                         020 8846 2700 
 Dan O'Brien, Group Finance 
  Director 
 
 College Hill 
 Kay Larsen/Adrian Duffield        020 7457 2020

Notes to editors

Tarsus Group plc (LSE:TRS) is an international business-to-business media group with interests in exhibitions, publishing and online media. The Group operates globally in key verticals including aviation, medical, labels and packaging, discount clothing (Off-Price), housewares and automotive. Tarsus runs more than 80 events and websites and its flagship brands include the Labelexpo exhibitions in Europe, the Americas, India and Asia and the Dubai Airshow.

The Group operates across a worldwide network of offices in Dublin, London, Paris, Milwaukee, Boca Raton (Florida), Dubai, Shanghai, New Delhi and Istanbul. Tarsus is building on its strong presence in the emerging markets of the Middle East, China, Turkey, India and South America.

www.tarsus.com

This information is provided by RNS

The company news service from the London Stock Exchange

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