Mar 20th 2013 - Edison Investment Research today published a report on Quarto Inc (QRT.L, LSE:QRT, LON:QRT) entitled "Concentrating On Core Strengths". In summary, the report says:
Quarto’s first results under the new management structure show a business with confidence in the value of its underlying core: creation and distribution of high-quality content. Greater transparency is being given to the financial performance through a change in reporting segments, which also highlights non-core businesses which may be sold to speed up debt reduction. Investment in marketing and restructuring will hold back margins in FY13 but lay the grounds for longer-term profitable growth.
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