Quercus goes for growth 15/05/2007
Quercus Publishing intends to boost turnover from £3.6 million to £50 million by 2012, said chief executive officer Mark Smith.
Quercus Publishing intends to boost turnover from £3.6 million to £50 million by 2012, said chief executive officer Mark Smith.
Quercus Publishing is bullish after nearly quadrupling sales to £3 million and doubling losses to £340,000 in the first half year.
Mark Smith, Australian chief executive officer of PLUS-quoted Quercus Publishing, is crowing over two recent international book rights deals, as he prepares to announce annual profits, ahead but below earlier hopes.
Stef Penney, the agoraphobic British author who won the Costa Book of the Year award for her Canada-based murder mystery The Tenderness of Wolves without ever visiting the country, is the toast of veteran publisher Anthony Cheetham.
Where will the entrepreneur be found to build a new global independent financial research business, as investment banks and brokers continue savage cutbacks of their own departments?
Tony Drury, ex-boss of small company-focused St Helen's Capital, is seeking £1 million for a new venture, The PLUS Fund.
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