Quarto reported earnings for the year ended December 31, 2021, with sales of $151.5 million, up from $127 million in 2020, a 19 percent increase. US sales of $93.4 million were up by $17 million. UK sales were $20.2 million, up $2 million, and non-UK sales in Europe were $21.2 million, up from $17.4 million last year. The company said a release the gains were due to “Clear focus on maximizing the group’s core strengths, retaining a disciplined business model, further debt reduction and developing future growth opportunities.” Operating profit was $16 million, up from $9.3 million. The company lists […]
