Brief: Quarto Group FY Revenue Fell 7 Percent To $126.9 Mln

Quarto

22/03/2021 07:34

March 22 (Reuters) - Quarto Group Inc  QRT.L :
    * FY OPERATING PROFIT ROSE 6 PERCENT TO 9.3 MILLION USD
    * FY PROFIT AFTER TAX 4.6 MILLION USD VERSUS 2.9 MILLION USD YEAR AGO
    * FY REVENUE FELL 7 PERCENT TO 126.9 MILLION USD
    * FY PRETAX PROFIT ROSE 71 PERCENT TO 6.6 MILLION USD
    * FY NET DEBT DOWN 61% AT $19.7M
    * EFFECTS OF COVID-19 ON BOOK INDUSTRY HAVE BEEN SIGNIFICANT IN FY
    * SUPPLY CHAIN REMAINS CHALLENGE FOR BOOKS BEING IMPORTED FROM FAR EAST

Source text for Eikon:  ID:nRSV9428Sa 
Further company coverage:  QRT.L 

 ((Reuters.Briefs@thomsonreuters.com;))