Fri, 26/04/2013 - 10:02
Illustrated book publisher Quarto has announced its first quarter results, with group revenue down 6%.
The company’s unaudited revenues and profits statement for the three months to 31st March 2013 show the decline, despite revenue for the Quayside Publishing Group in the US rising by 6%, and the Aurum Publishing Group in the UK...
Tue, 12/03/2013 - 10:05
Quarto has revealed plans to cut debt by divesting of businesses "detracting from shareholder value", as it reported 2012 results showing falls in revenue and profit.
The illustrated book publisher's revenue for the year...
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...
Mon, 01/10/2012 - 08:05
Quarto shareholders are to vote on 7th November on the potential removal of chairman and c.e.o. Laurence Orbach as a director of the company.
A special meeting to vote on the issue has been forced by two shareholders, holding 19.2% of the company's shares. The shareholders have made a formal request to remove Orbach and replace...
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....
Tue, 17/07/2012 - 06:00
Quarto shareholders are to vote on the potential removal of chairman and c.e.o. Laurence Orbach as a director of the company, following a formal request from two shareholders holding a 19% stake for a special meeting to decide the issue. Orbach, a co-founder of the publisher, is also the majority shareholder.
Tue, 08/05/2012 - 15:51
How new is Marcus Leaver to his job? When I meet him in the office block that contains the Quarto offices in London, the security guard at general reception desk cannot find him on the computer. “Are you sure he’s at Quarto?” I’m eventually asked.
Yet though he has been at his new role as chief operating...
Thu, 26/04/2012 - 08:58
Quarto has announced "solid" first quarter results for 2012, with revenue up 4% year on year to $33.9m (£22.9m) from $32.6m (£20.1m) and operating profit up 35% from $494k (£305k) to $666k (£411k).
The company said its book publishing segment increased operating profit by 9%, helped by "...
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...