Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQRT.L Regulatory News (QRT)

  • There is currently no data for QRT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Q1 IMS and Notice of Annual Meeting

26 Apr 2013 07:00

RNS Number : 2917D
Quarto Group Inc
26 April 2013
 



 

26 APRIL 2013

THE QUARTO GROUP, INC

 

Q1 INTERIM MANAGEMENT STATEMENT AND NOTICE OF ANNUAL MEETING

 

Quarto (LSE:QRT), the world's leading international illustrated non-fiction book publisher and distribution group, announces its Q1 Interim Management Statement which includes unaudited revenues and profits for the 3 months ended March 31 2013.

 

Group revenues were down 6% in what is historically our lightest trading quarter. Revenues for our Quayside Publishing Group in the US were up 6%, and revenues for our Aurum Publishing Group in the UK were up 1% compared to the prior year. Against this, revenues in our other segments were down principally due to the phasing of our order books, although in line with internal budgeting.

 

On the basis of current levels of trading visibility the Group is on track to meet expectations with continued focus on debt reduction, overhead reduction and the operational underpinnings of the business that will allow growth in revenue and profits in 2014 and beyond.

 

Further the company announces that its Annual Meeting will take place on Tuesday, 4th June at 2.00pm at The Old Brewery, 6 Blundell Street, London, N7 9BH

 

A summarized trading statement to March 31, 2013 (before amortization of non-current intangibles and exceptional items) is set out below:

 

Three months

ended March 31

Year ended December 31

2013

2012

2012

$000

$000

$000

Revenue

31,998

33,932

180,873

Gross profit

11,430

12,047

63,021

Overheads

(10,886)

(11,381)

(46,440)

Operating Profit

544

666

16,581

Interest

(1,127)

(1,181)

(5,158)

Pre-tax result

(583)

(515)

11,423

EBITDA

5,338

5,588

36,509

 

 

There has been no material change in the financial position of the Group since December 31, 2012.

 

For further information, please contact:

 

Quarto 020 7700 9004 Peel Hunt 020 7418 8900

Marcus Leaver, CEO Richard Kauffer

Mick Mousley, CFO Daniel Harris

 

M:Communications 020 7920 2330

Elly Williamson

Matthew Neal

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSUVOKRORASUAR
Date   Source Headline
14th Dec 20232:16 pmRNSResult of Special Meeting
30th Nov 202310:28 amRNSCirc re Proposed Cancellation: Admission of Shares
30th Aug 202310:00 amRNSHalf-year Results
28th Jun 20235:03 pmRNSDirector/PDMR Shareholding
6th Jun 202311:41 amRNSPCA Shareholding
24th May 20231:18 pmRNSAnnual Meeting Result
26th Apr 20235:40 pmRNSAnnual Report and Notice of Annual Meeting
31st Mar 202310:11 amRNSFinal Results
18th Oct 20229:21 amRNSDirector Declaration
30th Aug 202210:00 amRNSHalf-year Report
26th Jul 202210:58 amRNSPCA Shareholding
8th Jul 20223:14 pmRNSChange of auditor
6th Jul 20221:50 pmRNSPCA Shareholding
13th Jun 20222:25 pmRNSPCA Shareholding
27th May 20223:19 pmRNSDirector appointment
24th May 20221:00 pmRNSAnnual Meeting Result
5th May 20221:00 pmRNSPCA Shareholding
29th Apr 20222:23 pmRNSHolding(s) in Company
28th Apr 20221:44 pmRNSPCA Shareholding
26th Apr 20227:00 amRNSPCA Shareholding
22nd Apr 20228:21 amRNSPCA Shareholding
19th Apr 20223:07 pmRNSPCA Shareholding
14th Apr 20222:44 pmRNSPCA Shareholding
12th Apr 20223:20 pmRNSPCA Shareholding
12th Apr 202211:32 amRNSAnnual Report and Notice of Annual Meeting
8th Apr 20223:53 pmRNSPCA Shareholding
6th Apr 20223:22 pmRNSPCA Shareholding
4th Apr 20223:51 pmRNSPCA Shareholding
17th Mar 20229:11 amRNSFinal Results
27th Jan 202211:45 amRNSPCA Shareholding
26th Jan 20222:42 pmRNSPCA Shareholding
10th Jan 20221:09 pmRNSPCA Shareholding
7th Jan 20223:52 pmRNSPCA Shareholding
29th Nov 20219:27 amRNSDirector Change (update)
17th Nov 202111:52 amRNSGroup Chief Executive Officer Appointment
11th Oct 20212:56 pmRNSDirector/PDMR Shareholding
17th Aug 202112:24 pmRNSPCA/PDMR Shareholding
16th Aug 20213:08 pmRNSPCA/PDMR Shareholding
10th Aug 20212:52 pmRNSPCA shareholding
3rd Aug 20211:27 pmRNSHalf-year Report
1st Jul 20214:58 pmRNSDirectorate Change
3rd Jun 20214:00 pmRNSDirector Change
25th May 20211:33 pmRNSResult of Annual Meeting
22nd Apr 20217:34 amRNSAnnual Report and Notice of Annual Meeting
22nd Mar 20217:00 amRNSFinal Results
5th Mar 20217:00 amRNSAmalgamation of Stock Lines & Total Voting Rights
17th Feb 20217:00 amRNSAnnouncing new bank facility
13th Oct 20204:09 pmRNSDirector/PDMR Shareholding
18th Sep 20207:00 amRNSBoard Changes
10th Sep 202010:55 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.