Quarto Group reported results for the first half of 2013, with sales down slightly to $72.2 million (declining $1 million) and operating profit up slightly at $4 million (rising $100,000). CEO Marcus Leaver said in the release, “These results are encouraging overall but much remains to do. They show a portfolio in transition; where we have taken action, the results have begun to show, and more action is to come. Importantly we are clearly bringing down our debt levels and shall continue to do so.” Sales at their US division Quayside led the group, rising almost $2 million at $29 million. […]
