Quarto aims to double in size

<p>Liz Bury</p><p>Quarto Group's share price hit a year high of 177.5p this week, after the company said it could double in size within the next few years.</p><p>Directors have set out a vision for growth through acquisition, most likely in the US, accompanied by organic development. Sales of &#163;74.6m for 2003 were flat. There was growth in the US, which was wiped out by currency exchange owing to the dollar's weakness. Pretax profit increased by 12.2% to &#163;5.7m, while cash generation was 138% of operating profit, and net debt fell by 12% to &#163;17.4m.</p><p>Mick Mousley, finance d...

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