Quarto reports 17% publishing profit rise in 2016

Quarto reports 17% publishing profit rise in 2016

Quarto has reported its largest surge in publishing profits to date, a rise of 17%, for 2016. Its children's publishing revenues meanwhile increased by an impressive 34%, its annual results showed.

The results were published just as the publisher won the Waterstones Children's Picture Book of the Year for the second year running (with Lizzy Stewart's There's a Tiger in the Garden, Frances Lincoln Children's Books).

Quarto c.e.o. Marcus Leaver said the company would now concentrate its efforts on its publishing business, following the disposal of Hong Kong-based Regent Publishing Service a...

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