Quarto faces up to 'demanding conditions'

Quarto faces up to 'demanding conditions'

<p>International book packager and publisher Quarto has reported strong trading in 2006 in the face of what the group called &quot;demanding business conditions&quot; and the collapse of US distributor Advanced Marketing Services (AMS). Chairman and c.e.o. Laurence Orbach admitted that 2006 &quot;produced more surprises than expected&quot;, with the publishing segment weaker, and the co-edition segment stronger, than had been forecast.<br /><br />Group sales were &pound;93.6m (2005: &pound;95.0m), a decline of 1.5%, predominantly the result of a fall of &pound;3.2m in US sales. Operating pr...

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