Tarsus focuses on Quickening the Pace strategy for strong 2013 finish

WORLD - Exhibition organiser Tarsus has said the group remains confident of “an excellent result” for 2013 as forward bookings are currently 12 per cent ahead of 2012 on a like-for-like basis.
 
In its interim management statement for the period 1 July 2013 to 3 November 2013, the group said the focus remains on the execution of its “Quickening the Pace” strategy.
 
Tarsus continues to target further growth through selective bolt-on acquisitions in the US and emerging markets, accelerating earnings per share growth, organic growth from the existing portfolio and implementing tight cost control.
 
In September, the group reported its Labelexpo Europe had broken records with visitor numbers in its 33-year history. The biennial label and package printing show attracted an 11 per cent rise in visitors with 31,795 attendees, up from 28,636 in 2011. The number of exhibitors also rose from 550 in 2011 to 600 this year.
 
Tarsus said re-bookings for the 2015 exhibition of 86 per cent were secured and on-site sales for other Labels events were strong.
 
Zuchex, the annual international housewares and gift exhibition was held in Istanbul in September and attracted around 46,000 visitors. Tarsus has expanded this portfolio with the launch of an edition in Jakarta in 2014.
 
“The group has delivered good performances across the major brands, Zuchex, Labelexpo and Offprice,” said group managing director Douglas Emslie.
 
"We expect to see a record performance from the Dubai Airshow later this month at its new larger purpose-built venue at Dubai World Central. We are making good progress with our strategy of replicating our market leading brands into new territories.”
 
Emslie said the group also expects strong performances from Sign Istanbul and Flower Show Istanbul, both taking place in November, and Labelexpo Asia held in December.
 
Tarsus stated there have been no significant changes to the financial position of the group since the publication of the interim results on 31 July 2013.
 
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