Book publisher Quarto Group’s (QRT) shares have more than doubled in price over the past 12 months, to 130p a share.
This is welcome news for any long-term shareholders in the company, even if the share price remains well below the heights of £3 reached in early 2017, before it announced the first of three years of losses accompanied by declining sales as it sought to cut debt.
Chuk Kin Lau, owner of Hong Kong-based book printer Lion Rock Group, took control of the business alongside one of its co-founders, Laurence Orbach, and others at its 2018 annual meeting.