Edison Investment Research - Quart Development SA (QRT) Update: Underlying publishing revenues ahead

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Edison Investment Research

Update: Underlying publishing revenues ahead

Quartoâ€™s Q315 trading update indicates that full year results are on track to meet management expectations for the full year, with profits strongly weighted to the final quarter. Group revenues were flat at $54.4m (Q314: $54.5m), with the benefits of acquisitions and positive performance from the underlying publishing businesses being offset by the twin impacts of currency and difficult trading in Australia and New Zealand. With earnings clearly on a rising trend and the debt level continuing to recede, the rating remains at an unjustifiably sizeable discount to the market and sector.

04/11/2015 3 EN

Underlying

Quart Development SA

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PLQRTDV00016 Poland

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: Underlying publishing revenues ahead

Update: Strong start to FY16

Update: 40 years young

Update: Strong Q4 delivers FY15 ahead of forecasts

Filtronic - Agreement with SpaceX drives upgrades

Checkit - Signposting the path to profitability

EML Payments - Growth cap lifted in the UK

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