Updates

Tarsus - Targets 50% of sales from emerging markets

August 2010

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.

Tarsus has said it is on track to achieve 50% of revenues in emerging markets by 2013 against the 33% achieved in FY09. With these economies still going great guns and with room for margin enhancement, we think there is scope for Tarsus to pleasantly surprise.Latest H1 results are not too meaningful, however, in the context of being the seasonally quieter half whilst FY10 is an â€œoff yearâ€ for biennial events. But visibility is encouraging with the company reporting H1 sales up 17% to Â£16.9m (7% organic growth) with an adjusted pretax profit up 22% to Â£1.1m. Exhibitors like to book space well in advance and for the year 76% of forecast revenues are in the bag.Divisionally, within emerging markets (sale ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Immunodiagnositcs

Dunelm - Future growth driven by new space

Tarsus - Bid at 425p - almost a 6-bagger for SCSW (June 2019)

Tarsus - Buys US travel event organiser (January 2017)

Tarsus - Shares set to break higher (March 2016)

Tarsus (August 2014)

Tarsus (March 2014)

Tarsus (February 2014)

Tarsus (August 2013)

Tarsus (February 2013)

Tarsus - Another Turkish aquisition (November 2012)

Tarsus - Emerging markets set the pace (September 2012)

Tarsus - 65% of forecast sales in the bag (June 2012)

Tarsus (April 2012)

Tarsus (November 2011)

Tarsus (August 2011)

Tarsus - Buys three Turkish events (June 2011)

Tarsus - Improving industry trend (April 2011)

Tarsus - 2011, an â€œon yearâ€ for biennial events (January 2011)

Tarsus - Broker sets 200p share price target (December 2009)

Tarsus- Comfortably ahead of comparatives (October 2009)

Tarsus (July 2009)

Tarsus (June 2009)

Tarsus - Dividend raised 20% (March 2009)

Tarsus - Sales for biennial events ahead (January 2009)

Tarsus - Prospective PE of 3x (December 2008)

Tarsus - Buys third largest event operator in Dubai (December 2007)

Tarsus - Buys French business (November 2007)

Tarsus (May 2007)

Tarsus - Like for like organic growth of 14% (January 2007)

Tarsus - Buys fast growing anti-ageing exhibition (December 2006)

Tarsus (October 2006)

Tarsus (March 2006)

Tarsus - Forecasts upgraded - again (January 2006)

Tarsus (November 2005)

Tarsus - Shares move to a new high (October 2005)

Tarsus - Balance sheet way too under-leveraged! (August 2005)

Tarsus (June 2005)

Tarsus (March 2005)

Tarsus - Exhibitions continue to perform strongly (January 2005)

Tarsus - Chinese events poised to grow (November 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Tarsus - Targets 50% of sales from emerging markets

August 2010

Related Articles

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW