9 Nov 2005 07:00
Quarto Group Inc09 November 2005 THE QUARTO GROUP, INC Trading Update Quarto, the London-based and listed international book publisher, announcesthat, at the Frankfurt Book Fair, the biggest international rights fair in thebook world, and a very important marketing event for Quarto's co-edition bookimprints, the titles offered for publishing in 2006 and beyond were verypositively received. Quarto's sales for the month of October increased to ÂŁ8.6 million from the prioryear's ÂŁ7.3 million, helped by revenues from acquisitions. For the 10 months to the end of October, unaudited sales rose to ÂŁ75.2 million, from ÂŁ64.0 million in 2004. "Group sales in the final quarter are crucially important, and October's numberis welcome, showing solid business around the world," said Laurence F Orbach,Quarto's chairman and chief executive officer. "The results in the UK, whichaccounts for about one-sixth of Quarto's annual revenues, were uneven, andreflect continuing consumer caution but, encouragingly, overall sales intobookstores were as strong as last year." Enquiries: The Quarto Group, Inc. 020-7700 9000Laurence Orbach (Chairman & CEO)Mick Mousley (Finance Director) Bankside Consultants LimitedCharles Ponsonby 020-7367 8851 This information is provided by RNS The company news service from the London Stock Exchange
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