Quarto's revenues fall 17%, but Powell hails good UK trade performance

Quarto's revenues fall 17%, but Powell hails good UK trade performance

Quarto's revenues fell by 17% year on year in the first half of 2020, hit by the coronavirus pandemic, but UK c.e.o. Polly Powell has hailed a good trade performance for her side of the business.

Group revenues for the six months to 30th June were $46.9m, down from $56.4m in the same period of 2019, the company reported. Quarto said the revenue fall was spread evenly across children's and adult publishing, declining 17% in each, partly due to custom and co-edition deals being pushed back to later in the year. For the UK market alone, revenues fell 16% to $6.4m from $7.6m in 2019, while in ...

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