Quarto has issued an IMS and trading update. It shows that underlying core publishing revenues for Q3 declined by 7.6% but including acquisitions in the year, it increased by 4.6% to $46.9m. Revenues for 9 months from its core publishing was up 11.1% to $105.3m, underlying core publishing revenue was up 4.9%. On the basis of current levels of trading and order book visibility, the group remains confident that it will meet management expectations for the full year and deliver both debt reducti
03 Nov 2016
Q3 update
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Q3 update
- Published:
03 Nov 2016 -
Author:
Peter Ashworth -
Pages:
2
Quarto has issued an IMS and trading update. It shows that underlying core publishing revenues for Q3 declined by 7.6% but including acquisitions in the year, it increased by 4.6% to $46.9m. Revenues for 9 months from its core publishing was up 11.1% to $105.3m, underlying core publishing revenue was up 4.9%. On the basis of current levels of trading and order book visibility, the group remains confident that it will meet management expectations for the full year and deliver both debt reducti