Quarto Group reported results for the first half of 2015, with sales increasing slightly (up 1 percent, or $0.6 million) to $66.2 million. Adjusted operating profit fell to $200,000, from $600,000 the prior year, “reflecting an expected shift in seasonality” — and Quarto records almost two-thirds of their sales in the second half of the year — with an operating loss this time around, and a loss before tax of $1.9 million. CEO Marcus Leaver said in the release he was “pleased that we have continued to make good progress in the first half of 2015. This is a solid set […]
