Quarto Group – argues “in line with our expectations” first half results, so what of the share price fall?…
By Steve Moore | Wednesday 30 August 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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?
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