As in FY14, Quarto’s FY15 results will be heavily H2-weighted. The strong order book means that we maintain our FY15 forecast for a 10% increase in normalised PBT, despite the slightly higher H1 loss than the prior year. The group is making strong progress in children’s publishing and in foreign language sales, and is also proactive in addressing opportunities offered by digital channels. The balance sheet continues to strengthen, giving flexibility for complementary acquisitions,
13 Aug 2015
Good visibility into H2
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Good visibility into H2
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13 Aug 2015 - Author:
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As in FY14, Quarto’s FY15 results will be heavily H2-weighted. The strong order book means that we maintain our FY15 forecast for a 10% increase in normalised PBT, despite the slightly higher H1 loss than the prior year. The group is making strong progress in children’s publishing and in foreign language sales, and is also proactive in addressing opportunities offered by digital channels. The balance sheet continues to strengthen, giving flexibility for complementary acquisitions,