Quercus Publising: investment research note
The remarkable success of Stieg Larsson’s Millennium Trilogy has propelled Quercus to a prominent position within the publishing sector in an unusually short time frame. Management has seized the opportunity, and the cash flow, to build up both its trade list and contract publishing to the extent that the current-year dip in revenues should be recovered in FY12. Without the hindrance of traditional cost structures, Quercus is taking full advantage of the opportunities stemming from the shift to online…
Read the investment research note in full: Quercus Publishing: investment research note (PDF)
