Sunday 8 November 2009

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Tarsus trading in line with expectations

Wednesday, 1st July 2009

Tarsus, the exhibitions, conferences and media company, has released a pre-close trading update ahead of its interim results for the six months to June 30 2009.

The Group's results are heavily weighted to the second half when the larger of it exhibitions occur. As such there is little to add to the previously released first half trading statement.

Trading continues to be in line with expecations and forward bookings remain solid.

The Group's net debt at 30 June 2009 was approximately £35m. They are in advanced discussions with their banks to adjust future covenants to give additional flexibility and facilitate further growth.




Story provided by Business Financial Newswire

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