Reach Plc Share News (RCH)

TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review.

LONDON MARKET CLOSE: More sanctions eyed as Russia strikes continue

(Alliance News) - European markets suffered another bleak day on Tuesday, with Russian attacks in eastern Ukraine and the threat of even harsher economic sanctions among the latest developments in an ongoing crisis.

IN BRIEF: Reach makes strides in 2021 but publisher warns on inflation

Reach PLC - London-based newspaper publisher - Warns the damage caused by rising inflation in 2022 is expected to be worse than in recent years and lead to a "modest" reduction in operating profit. For financial 2021 - the 52 weeks that ended December 26 - pretax profit is GBP73.3 million, up dramatically from GBP400,000 in 2020 on revenue of GBP615.8 million, up 2.6% from GBP600.2 million in 2020. Adjusted operating profit is up 9.2% to GBP146.1 million from GBP133.8 million, and adjusted operating profit margin widens to 23.7% from 22.3%. Digital revenue is GBP148.3 million, up 25% on 2020 and 39% on 2019; this means digital is now 24% of total revenue, up from 15% in 2019. The publisher will pay a dividend of 7.21 pence per share for 2021. In 2020, Reach paid a final cash dividend of 4.26p, plus a 2.63p interim dividend in shares in lieu of cash.

LONDON MARKET MIDDAY: Stocks fall as Russia continues offensive

(Alliance News) - Stock prices in London were sharply lower at midday on Tuesday, as the Russian assault on Ukraine intensified, with fears the invading forces are set to launch assaults aimed at taking control of the capital Kyiv and other major cities.

LONDON MARKET OPEN: Stocks lower; Reach sinks on inflation warning

(Alliance News) - Stock prices in London opened lower on Tuesday amid rising concerns over Russia's attack on Ukraine.

Reach

(Sharecast News) - Daily Mirror publisher Reach said higher newsprint inflation would result in a 'modest' hit to 2022 operating profit as it reported a rise in annual earnings last year.

UK earnings, trading statements calendar - next 7 days

Newsquest in 'exclusive talks' to buy Archant - report

(Sharecast News) - Newsquest is understood it be in exclusive takeover talks with regional newspaper giant Archant, it was reported on Monday.

LONDON BROKER RATINGS: Barclays lifts ITV and S4 Capital to Overweight

LONDON BROKER RATINGS: Barclays lifts ITV and S4 Capital to Overweight

LONDON MARKET MIDDAY: Stocks buoyed by Covid studies and treatments

LONDON MARKET MIDDAY: Stocks buoyed by Covid studies and treatments

PRESS: Daily Mirror-publisher Reach faces UK Pension Regulator action

PRESS: Daily Mirror-publisher Reach faces UK Pension Regulator action

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

Reach revenue beating expectations amid sustained digital sales growth

Reach revenue beating expectations amid sustained digital sales growth

Reach sees trading ahead of expectations as registrations rise

(Sharecast News) - UK newspaper publisher Reach on Tuesday said trading was ahead of expectations, driven by a rise in customer registrations for its websites.

TRADING UPDATES: Shepherd Neame losses cut; Beximco to sell Covid pill

TRADING UPDATES: Shepherd Neame losses cut; Beximco to sell Covid pill