Tarsus beats 2013 expectations

Exhibitions firm Tarsus announced record revenue growth in a trading update for 2013 yesterday. “Tarsus reported a big beat on like-for-like revenue growth at 11 per cent for full year, versus our 9.4 per cent estimate”, said Liberum Capital media analyst Ian Whittaker. However analysts reported that the company’s house broker had downgraded its forecasts due to changing currency forecasts. Tarsus share price fell 4.3 per cent to close at 228p.