Quarto is looking to expand opportunities as the leading global illustrated nonfiction book publisher. Children’s publishing, a key growth area, accounted for 28% of 2016 revenues. We see scope for sector consolidation and to exploit Quarto’s routes to market. In the near term, management sees soft economic conditions in key markets. Following disposals and a new reporting structure we have updated our forecasts - FY2017E PBT of $14.1m, EPS of 51.5c and a dividend of 15.3c, giving
16 May 2017
Platform for growth in illustrated publishing
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Platform for growth in illustrated publishing
- Published:
16 May 2017 -
Author:
Peter Ashworth -
Pages:
18
Quarto is looking to expand opportunities as the leading global illustrated nonfiction book publisher. Children’s publishing, a key growth area, accounted for 28% of 2016 revenues. We see scope for sector consolidation and to exploit Quarto’s routes to market. In the near term, management sees soft economic conditions in key markets. Following disposals and a new reporting structure we have updated our forecasts - FY2017E PBT of $14.1m, EPS of 51.5c and a dividend of 15.3c, giving