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Results: QRT

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Quarto Group – argues “in line with our expectations” first half results, so what of the share price fall?…

Describing itself as a “leading global illustrated book publisher”, Quarto Group (QRT) has announced what Chief Executive Alison Goff describes as “in line with our expectations” results for the first half of 2023 and states that it is confident in its plans. What then of a current more than 20% lower share price response to below 125p?

Quarto – open offer makes a mockery of Ince’s ‘unfortunate feature of market conditions’ private investor screwing

“The Quarto Group Inc. (QRT), the illustrated book publisher and distribution group, today announces that it proposes to raise £13.9 million (approximately $18.2 million) in gross proceeds… at 68 pence per new common share by way of an open offer to the company's existing shareholders”. The price compares to a 75.5p prior close… Ince Group (and Arden Partners) take note!...


Quarto – 2017 results include “expects a steady recovery”, but discounted fundraising ahoy?

Book publishing group Quarto (QRT) has announced results for the 2017 calendar year, including that “the group expects a steady recovery with some organic growth in Children's, softer foreign language markets, and continuing remedial action in the Adults portfolio, to drive improved cash generation”. The shares have responded… more than 9% lower towards 150p! Hmmm…

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