Tarsus Group Sees 9 Percent Like-for-like Revenue Uptick for 1st Half 2014; Partners with 3D Printshow

July 30, 2014

Adjusted for biennial exhibitions and acquisitions, Tarsus Group saw in the first half of 2014 a like-for-like revenue increase of 9 percent to £23.1 million ($39.1 million). During the same period in 2013, Tarsus had revenues of £26 million ($44 million).

Despite shows such as the biennial Dubai Air Show not being in the mix this year, the company’s revenues have shown positive growth.

Driving those results are the “emerging markets - Dubai (GESS in particular) and our Hope business in China. In Europe, our Labels and French business both produced good numbers,” according to Douglas Emslie, Tarsus Group’s managing director.

Adjusted profit before tax for the first half of 2014 was £3 million ($5 million), which was a decrease from £3.9 million ($6.6 million) during the same half last year, but a big increase from the comparable half in 2012, which was £1.8 million ($3 million).

"Tarsus has delivered a solid performance in what is the quietest six months for trading in our two-year cycle,” Emslie said.

He added, "We are continuing to progress our Quickening the Pace’ strategy, which has seen us make a number of strategic acquisitions in the last year, as well as accelerate launch activity as we seek to replicate some of our leading brands internationally.”

Here are some first-half 2014 highlights:

·         Tarsus' education event in Dubai, GESS, performed strongly with positive visitor attendance and revenues up 37 percent.

·         In Turkey, the largest event, Ideal Homex, in April showed good year-on-year growth.

·         There was a positive performance at Mexico’s Expo Manufactura, the country’s premier metalworking/manufacturing exhibition, which took place in March 2014.

·         The February 2014 Off Price show in Las Vegas was a strong event, with good visitor growth.

The second half of the year looks to be going in the right direction, with Labelexpo Americas, Zuchex and MEBA trending well.

Next year also looks to be a busy one for the company. Besides several new launches already in the works, Tarsus Group also acquired a 60-percent stake in the 3D Printshow portfolio, which has events in London, Paris and New York.

“3D printing has great synergies with our aerospace, medical, printing and manufacturing events,” Emslie said.

As part of the continued partnership with E.J. Krause, the 3D Printshow will have an edition in Mexico in 2015 collocated with Expo Manufactura.

The 3D Printshow portfolio continues to be led by its founder, Kerry Hogarth, who retains a material interest in the business.

“This acquisition represents a fantastic opportunity to enter this exciting sector,” Emslie said. “We look forward to working with Kerry to continue building this market-leading brand into new geographies and vertical markets.”

Hogarth added, “We’re really excited to have been chosen by Tarsus. With the growing international audience for 3D printing, it’s an incredible time to invest and develop our brand.”

Add new comment

Partner Voices
Overview: The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality. In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way. “We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.” Amenities: The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.  The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need. Gold Key Members The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events. OCCC Events: This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.  The Center’s top five events during their 2022-2023 fiscal year included:  AAU Jr. National Volleyball Championships 2023 200,000 Attendees $257 Million in Economic Impact MEGACON 2023 160,000 Attendees $205 Million in Economic Impact Open Championship Series 2023 69,500 Attendees $89 Million in Economic Impact Sunshine Classic 2023 42,000 Attendees $54 Million in Economic Impact Premiere Orlando 2023 42,000 Attendees $108 Million in Economic Impact