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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Tarsus - Forward bookings cover 95% of budget

November 2006

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:
  • 202p
Although business events organiser Tarsus’ first half to 30 June is seasonally quieter, reflecting the lack of major shows occurring, its results were still encouraging with pretax profit rising 52% to £0.8m, from sales up 10.2% at £9.3m. Earnings rose 33% to 1.7p. Operationally the picture remains strong with like-for-like sales ahead 12% while forward bookings already cover 95% of the full year’s budget. The US operations enjoyed a 21% hike in sales to £2.9m, including solid growth from its Off-Price show and Packaging Summit. Encouragingly, its largest event, the LabelExpo show (19,900 sq. metres), which is held in September and promotes the business of self-adhesive labelling for various consumer ...

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