Analyst Research Report Snapshot

Title:

TARSUS GROUP - ROBUST OUTLOOK

Price:

$10.00

Provider:

Edison Investment Research

Date:

07 Mar 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

TRS.L

Available for Immediate Download
Summary:

These were impressive results, coupled with a robust outlook commentary. Tarsus has invested heavily over the last few years in its emerging markets portfolio (Turkey, China, Middle East and South-East Asia) and this is now paying dividends. Recent bolt-on acquisitions have performed well, enhancing an already strong organic story. The rating is undemanding (FY13 P/E 11.7x), with the likelihood of FY14 upgrades.

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