Quarto Group Inc
12 May 2004
THE QUARTO GROUP, Inc
CHAIRMAN'S AGM STATEMENT
At the AGM in London this afternoon of Quarto, the London-based and listed
international book publisher, the Chairman, Laurence F Orbach, will state:
'On April 21 2004, we reported that Quarto's unaudited results for the first
quarter of 2004 showed strong forward movement. Today, I am pleased to report
that Quarto's unaudited results for the first four months of 2004 show a
continuing improvement over the corresponding period of 2003.'
Notes for Editors:
Quarto's International Co-edition Book Publishing Division creates books which
are licensed to other publishers for publication internationally. It also
includes Regent and ProVision, which are Far East-based print broking and
production services businesses, serving both third parties and the Group.
Quarto's Publishing Division primarily publishes books, under imprints owned by
the Group, and art prints, mainly for their domestic markets in the US and
Australia. In addition, it includes two UK-based publishing services businesses
primarily serving the point of sale display market, Western and AP Screen.
In the year ended December 31, 2003, underlying pre-tax profit rose by 12.2% to
£5.7m and underlying EPS by 5.7% to 22.3p - a fifth successive year of increase
in underlying EPS. Dividends per share of 5.75p were up 10% and covered 3.9 x by
underlying EPS.
A Delaware registered corporation, Quarto's Head Office is situated in
Islington, London N7, and its shares are fully listed on the London Stock
Exchange.
Enquiries:
The Quarto Group, Inc
Laurence F Orbach (Chairman & CEO) 020-7700 9003
Mick Mousley (Chief Financial Officer) 020-7700 9005
Bankside Consultants Limited
Charles Ponsonby 020-7444 4166
This information is provided by RNS
The company news service from the London Stock Exchange
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