Thu, 08/11/2012 - 10:00
Laurence Orbach has been ousted as director of the Quarto Group and has left the company. Tim Chadwick has been appointed as a director in his place. The positions of c.e.o. and chairman, previously held by Orbach, now lie vacant, although the Financial Times quotes Chadwick as stating that president and c.o.o. Marcus Leaver will...
Thu, 01/11/2012 - 09:30
Quarto has reported a drop in revenue but stable operating profit over the last nine months, with digital sales now accounting for 1.7% of total revenues at $2.225m (£1.39m). The company said its performance is “in line with expectations”.
The results come ahead of a shareholder vote next week (7th November) on the...
Thu, 16/08/2012 - 10:15
Quarto has reported results which "exceeded expectations" for the first half of 2012, with operating profit up 6% to $3.9m (£2.5m) and revenue up 1% to $73.2m (£46.6m) for the six-month period to 30th June 2012.
However, while its book publishing revenues increased to $53.4m (£34m), from $51.6m (£32....
Thu, 15/03/2012 - 14:25
Quarto has appointed Marcus Leaver, previously president of Sterling Publishing in the US, to the newly created role of chief operating officer. He will succeed chairman and c.e.o. Laurence Orbach on his retirement in 2013.
Leaver, 41, became president of Barnes & Noble subsidiary Sterling Publishing in January 2008, having...
Fri, 24/02/2012 - 08:00
Laurence Orbach, the founder of publisher Quarto, will hand the company over to a new leader in 2013 in the face of what he described as a “rapidly evolving” industry. Orbach said the company was poised to announce the appointment of a chief operating officer, who will be lined up as Orbach’s successor.
Tue, 21/02/2012 - 09:55
International co-edition publisher Quarto has pledged to "redouble" its efforts to "make and sell good books" as it announced revenue and profit increases last year.
The London-based firm’s sales rose by 6% to $186.126m (£117.5m) for the year to 31st December 2011, as its pre-tax profit increased by 5...
Fri, 21/10/2011 - 08:27
International co-edition publisher Quarto has increased its revenue and profit in the first nine months of 2011, with "much improved trading in the third quarter".
In its Q3 interim management statement the company, headed by chairman and c.e.o. Laurence Orbach, reported sales up by 5% to $130.7m (£82.8m) for the nine...
Tue, 16/08/2011 - 08:04
Co-edition publisher Quarto has bought children's and horticultural publisher Frances Lincoln for £4.5m.
The cash deal was announced this morning as Quarto also revealed its interim results for the six months ending 30th June 2011. Sales were up 5% to $72.5m (£44.4m) and profit before tax increased 21% to $1.4m (...
Wed, 01/06/2011 - 09:16
Profit and sales have increased at co-edition publisher Quarto although it warned the UK market remains "weak".
Ahead of today's annual general meeting, chairman and c.e.o. Laurence Orbach said sales were up 4% to $178.5m (£108.2m) for the 12 months to 30th April 2011. Profit before tax, amortisation of non-current...
Tue, 15/02/2011 - 09:43
Most publishers are neglecting the marketing role provided by bricks and mortar bookshops, said the head of Quarto as it unveiled its annual results.
Chairman and c.e.o. Laurence Orbach said he was "pleased" with the results, for the full year to 31st December 2010, but stressed that digital opportunities will not...