Daily Mirror owner Reach says FY performance exceeds market expectations

27th Nov 2020 07:39

(Sharecast News) - Magazine and newspaper publisher Reach said on Friday that its full-year performance has exceeded market expectations amid strong digital growth.

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Friday preview: Sales kick off; Daily Mirror owner Reach to issue update

26th Nov 2020 09:55

(Sharecast News) - There isn't much scheduled on the corporate front for the end of the week, although a trading update from magazine and newspaper publisher Reach should garner some interest, as the Black Friday sales kick off.

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Tuesday broker round-up

24th Nov 2020 13:33

(Sharecast News) - Glencore: Jefferies upgrades to buy with a target price of 250p.

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Reach defends director Hatch after revolt over missed meetings

6th Nov 2020 14:08

(Sharecast News) - Reach said non-executive director Steve Hatch was an "invaluable" member of the board but kept its options open after almost a third of shareholder votes opposed him at the company's annual general meeting.

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Reach to axe 550 jobs as Covid-19 hammers revenues

7th Jul 2020 07:37

(Sharecast News) - Daily Mirror and Daily Express publisher Reach said it was axing 550 jobs to slash costs as the coronavirus pandemic hammered advertising revenues.

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Reach suspends guidance, dividend amid pandemic

6th Apr 2020 09:01

(Sharecast News) - Reach suspended its final dividend and 2020 guidance on Monday as it said some employees will take a pay cut due to the coronavirus pandemic.

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Reach expects Covid-19 impact but leaves dividend unchanged

26th Mar 2020 08:35

(Sharecast News) - Reach said it expected the coronavirus crisis to hit advertising revenue, print sales and events but the publisher of the Mirror and Express newspapers left its dividend intact for now.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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Reach reports improved FY profits despite lower revenues

24th Feb 2020 10:06

(Sharecast News) - Print and digital publisher Reach posted some improved profits for 2019 on Monday despite witnessing a decline in full-year revenues.

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Director dealings: Reach CEO ups stake

4th Dec 2019 16:45

(Sharecast News) - Reach revealed on Wednesday that chief executive Jim Mullen had acquired 100,000 ordinary shares in the media firm.

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DMGT to buy i newspaper from JPI Media for ?49.6m

29th Nov 2019 12:06

(Sharecast News) - The Daily Mail and General Trust has agreed to buy the i newspaper from JPI Media - formerly Johnston Press - for £49.6m in cash.

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Reach ends talks with JPI Media, posts improvement in LFL sales

29th Nov 2019 10:32

(Sharecast News) - Publisher Reach said on Friday that it was no longer in talks about buying some of the assets of JPI Media as it reported an improvement in like-for-like revenues.

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Reach beats profit forecasts after Express and Star acquisition

25th Feb 2019 12:25

(Sharecast News) - Daily Mirror owner Reach climbed on Monday after its profits beat forecasts following its acquisition of the Daily Express and the Daily Star titles.

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Minister supports measures to balance news publishing market

13th Feb 2019 11:26

(Sharecast News) - The culture secretary has urged the UK competition authorities to study the digital advertising sector for evidence illegal dominance by tech giants, and has pledged to look at creating tax reliefs for online news publishers.

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Barclays reiterates 'equal weight' on Reach following impressive end of year

17th Dec 2018 14:23

(Sharecast News) - Analysts at Barclays reiterated their 'equal weight' rating on British newspaper, magazine and digital publisher Reach on Monday, highlighting the firm's "impressive end to the year".

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