Tarsus gains momentum as US economy strengthens

Twitter Facebook Google+ LinkedIn
Tarsus’ American business is gaining momentum thanks to a resurgent US economy.The company’s US sales remain strong and ahead of 2009, driven mainly by its discount clothing and medical divisions.  However, Labelexpo America's sales are marginally behind the previous edition, owing to smaller exhibitors booking later in the cycle, said the company in its interim statement.The company’s medical division continues to pick up speed, with the April Orlando event producing revenues well ahead of last year, driven by “strong growth” from its education programmes.“Recovery in the US economy is benefitting our business in that market and we are seeing good growth prospects and opportunities in emerging markets. Our strong brands, diversified portfolio of market leading events and increased focus on emerging markets leaves Tarsus well positioned for the future,” said a spokesman. Outside the States, exhibition and conference revenues grew for the first time in 18 months.The company held a number of small exhibitions in France since 8 March, where, as expected, declining revenue trends experienced in the second half of 2009 continued into the first half of 2010. However, margins remained within the company’s expectations due to “strong cost management”.A spokesman for the company said the French portfolio “is weighted towards the fourth quarter of the year”, adding that Tarsus is now seeing signs of stabilisation in that market, with forward bookings for Q4 events at similar levels to last year. “Given the current economic outlook for Europe, we remain cautious,” they added.The company continues to benefit from its exposure to the emerging markets. Bookings for Tarsus's largest event in the emerging markets, the business aviation show MEBA in Dubai, are also ahead of the previous cycle.
Twitter Facebook Google+ LinkedIn

Related Stories

Elsewhere on EN

Movers & Shakers 22/03/17

Movers & Shakers 22/03/17

People moves at ExCeL London, Blitz|GES and more
New network for young #eventprofs launches

New network for young #eventprofs launches

A new network aimed at young professionals in the business events industry has been launched, in the form of Meetings + Millennials.
Membership increase for ABPCO

Membership increase for ABPCO

The Association of British Professional Conference Organisers (ABPCO) has reported a significant increase in interest from event organisers and industry suppliers looking to join professional organisations, with a membership growth of 20 per cent in the last year.

CONFEX 2017 LIVE

Most read Stories

And the #ENAwards finalists are…

And the #ENAwards finalists are…

The countdown timer has run out. After weeks of companies submitting award entries and sweating over it, there is just one thing left to do before the big night: Announce the shortlist.
EN Awards People Finalists revealed

EN Awards People Finalists revealed

The first group of the highly anticipated shortlist for the EN Awards has been announced, including Best Newcomer and Best Event Director categories.
Reactions from events industry following Britain’s vote to leave EU

Reactions from events industry following Britain’s vote to leave EU

As the UK has voted to leave the European Union with a 52 per cent majority result, EN has spoken to members of the exhibition and events industry, to gauge their initial reactions on the future of the UK and their businesses.

Latest Features

2 Minutes With Emily Shaw

2 Minutes With Emily Shaw

The new strategy director at FreemanXP talks rigour, empathy and Sharpies in all the colours of the rainbow.
The Wheel Deal

The Wheel Deal

What do you get when you cross a Hollywood film studio with a UK event organiser? A £25m deal and the launch of Fast & Furious Live of course...
Always have a back-up

Always have a back-up

In EN’s monthly Crisis Management column, Manny Singh, managing director of The National Asian Wedding Show, advocates the importance of having back-up systems in place.

Latest Galleries

London Book Fair 2017

London Book Fair 2017

From 14 to 16 March, more than 25,000 visitors from over 130 countries visited Olympia London for the 46th edition of The London Book Fair. A year of celebration, highlights included a tribute to The Wizard of Oz’s yellow brick road, the 20th anniversary of Harry Potter, 70 years of Indian independence and much more.
LondonEdge celebrates 35th show

LondonEdge celebrates 35th show

Alternative fashion show LondonEdge returned to the Business Design Centre on 12-13 February, celebrating its 35th edition.
Crufts 2017

Crufts 2017

Pedigree dog show, Crufts, once again celebrated all that is great about dogs when it returned to the NEC on 9-12 March. The show attracts around 22,000 dogs annually from around the world, competing for a place in the prestigious Best in Show final.

Latest Opinions

Positive challenges ahead

Positive challenges ahead

Chris Criscione, ESSA board chair and managing director Equinox Design looks ahead to ESSA’s next decade.
Don't knock it

Don't knock it

New technologies always seem outlandish, until they don’t, says Simon Clayton, chief ideas officer at RefTech.
Good practice with data

Good practice with data

Simon Clayton, chief ideas officer at RefTech, on being open, transparent, and accurate about what you are doing with the data you handle.