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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Tarsus - High level of contracted sales

August 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • TRS
  • Price:
  • 229p
Business exhibitions organiser Tarsus has released a pre-close update for the six month period ended 30 June, which noted that trading was in line with expectations with like-for-like revenue growth in excess of 12% for the period. Although full year results are expected to be heavily weighted towards the second half, the company noted that 80% of 2007 revenues are already contracted, compared with 73% at the same stage last year. In the United States the first major medical event in Orlando was significantly ahead of last year with revenues up 112%. The outlook for other major shows in Chicago in August and Las Vegas in December is also strong, while the Off Price show, held in February, achieved 3% underlying sales growth. ...

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