Company
Reach PLC
LON:RCH
Reach, formerly known as Trinity Mirror, publishes many national and regional titles including the Daily Mirror, Sunday Mirror, Sunday Express, the Daily Star Sunday, as well as celebrity magazines New! and Star.
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Reach reports fall in Q3 revenues as advertising sales drop
The company, which publishes The Mirror, The Daily Express and OK!, said the passing of the Queen had seen a sharp fall in advertising revenues, reflecting the period of national morning
Daily Mirror owner shares slump as record newsprint costs slash profits
The publisher of the Mirror, the Daily Express and the Daily Star said newsprint costs soared 65% on the back of energy price hikes
Reach says revenue ahead of full-year forecasts as digital grows strongly
The newspaper publisher said inflation is pushing up the cost of print production
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Investing instead of spending this Friday could leave you thousands of pounds better off
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Friday's US jobs report: the number is anyone's guess
"The truth is that the range of plausible outcomes on Friday is very wide," said Ian Shepherdson, the chief economist at Pantheon Macroeconomics.
Reach expects full-year operating profit to be slightly ahead of market expectations
"Although headline revenue growth is currently flattered by a soft prior year comparative, underlying momentum has been encouraging, particularly in digital," the company said
Reach soars as it beats 2020 forecasts with record digital performance in fourth quarter
The Daily Mirror and Daily Express owner said it now expects operating profit for the year to be between £130mln-£135mln after revenues from the digital division surged 24.9% in Q4
Reach revenues remain in reverse as print cancels out digital gains
Broker Peel Hunt raised its forecasts but downgraded to 'hold' from 'buy'