The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksReach Plc Share News (RCH)

Share Price Information for Reach Plc (RCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 79.30
Bid: 79.20
Ask: 79.80
Change: 0.50 (0.63%)
Spread: 0.60 (0.758%)
Open: 78.20
High: 80.20
Low: 78.00
Prev. Close: 78.80
RCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Robert Walters profit ahead of forecasts

Tue, 02nd Mar 2021 11:11

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

----------

SMALL-CAP - WINNERS

----------

Card Factory, up 12% at 62.52 pence, 12-month range 22p-85.2p. The greeting cards retailer continues its strong run this week after rising 21% on Monday. On Friday afternoon, Card Factory said it was in talks with its banking syndicates and noted its banks had provided further waivers in respect of anticipated covenant breaches until March 31, 2021

----------

Robert Walters PLC, up 4.8% at 544.8p, 12-month range 214p-556p. The recruitment firm reports revenue of GBP938.4 million for 2020, down 23% on GBP1.22 billion in 2019. Pretax profit falls 75% to GBP12.1 million. Says performance "robust" given pandemic backdrop and notes that full-year profit was ahead of market expectations. "Group net fee income was down 26% for the full year but the sequential quarter-on-quarter improvement in net fee income from quarter two onwards, combined with the short-term and targeted cost control measures put in place at the onset of the pandemic, has enabled the group to deliver full-year profits ahead of market expectations," says Chief Executive Robert Walters.

----------

Devro PLC, up 3.8% at 184.2p, 12-month range 116.76p-195.4p. The manufacturer of collagen products for the food industry reported revenue of GBP247.6 million for 2020, just below the GBP250.0 million reported for 2019. Swings to pretax profit of GBP29.4 million from GBP21.8 million loss in 2019. Adds that new year has started positively and expects to make further progress in 2021.

----------

SMALL-CAP - LOSERS

----------

Reach PLC, down 6.9% at 202.96p, 12-month range 47.95p-246p. Extends losses after closing down 8.6% on Monday. The owner of the Daily Mirror, Daily Star and Daily Express on Monday reported 2020 pretax profit of GBP400,000, down from GBP120.9 million in 2019. Revenue fell 15% to GBP600.2 million from GBP702.5 million.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
15 Jan 2024 13:27

Mirror editor-in-chief Phillips to step down after 6 years, says Reach

(Alliance News) - The Mirror's editor-in-chief is stepping down after a more than 25-year career at the publication, owner Reach PLC has announced.

Read more
4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
15 Dec 2023 15:58

Prince Harry was phone-hacking victim and editors knew, London court rules

Court says UK papers hacked Prince Harry's phone

*

Read more
15 Dec 2023 15:36

Piers Morgan knew about phone-hacking, UK court rules

Judge accepts evidence about Morgan's involvement in story

*

Read more
15 Dec 2023 14:09

UK's Prince Harry wins damages from Daily Mirror over phone hacking

(Sharecast News) - Britain's Prince Harry on Friday won a substantial part of his phone-hacking case against the Reach-owned Daily Mirror tabloid newspaper and other titles.

Read more
15 Dec 2023 12:59

Prince Harry's phone-hacking lawsuit against UK's Mirror Group

LONDON, Dec 15 (Reuters) -

Read more
15 Dec 2023 12:53

Judge awards damages to Duke of Sussex in case against Reach-owned MGN

(Alliance News) - Reach PLC on Friday noted the judgement of Justice Fancourt in the case concerning the Duke of Sussex and others against Reach subsidiary Mirror Group Newspapers Ltd.

Read more
15 Dec 2023 12:01

Piers Morgan knew about phone-hacking at Daily Mirror, London judge finds

Morgan 'reassured' Kylie Minogue story came from phone hacking, Harry's biographer said

*

Read more
15 Dec 2023 00:01

Prince Harry to find out result of phone-hacking lawsuit against UK publisher

LONDON, Dec 15 (Reuters) - Britain's Prince Harry will learn on Friday whether he has won his lawsuit against a newspaper publisher over allegations of phone-hacking and other unlawful acts, the biggest ruling so far in his legal war against the British tabloid press.

Read more
10 Nov 2023 09:08

SMALL-CAP WINNERS & LOSERS: Galliford Try up on "increased confidence"

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
8 Nov 2023 15:46

UK shareholder meetings calendar - next 7 days

Thursday 9 November 
D4t4 Solutions PLCGM re name change to Celebrus Technologies PLC
Libertine Holdings PLCAGM
SIMEC Atlantis Energy LtdEGM re appointment of Nexia Singapore PAC as auditors
Friday 10 November 
DFS Furniture PLCAGM
Galliford Try Holdings PLCAGM
Minoan Group PLCAGM
Minoan Group PLCGM re issuing shares
Quartix Technologies PLCAGM
Redrow PLCAGM
Monday 13 November 
Ironveld PLCGM re fundraising
Victoria PLCGM re annual accounts and Grant Thornton UK LLP re-appointment as auditors
Tuesday 14 November 
Celsius Resources LtdAGM
Essentra PLCGM re movement of merger relief reserve
Financials Acquisition CorpEGM re LIU business combination
Fonix Mobile PLCAGM
Petra Diamonds LtdAGM
Smoove PLCGM re takeover by Pexa Group
t42 IoT Tracking Solutions PLCAGM
Wednesday 15 November 
Alternative Income REIT PLCAGM
Ascent Resources PLCGM re approval to issue 45 million shares
CQS Natural Resources Growth & Income PLCAGM
European Opportunities Trust PLCAGM
Hays PLCAGM
Henderson Eurotrust PLCAGM
Northern Bear PLCGM re tender offer
Reach PLCGM re proposed capital reduction
Synergia Energy LtdAGM
Zegona Communications PLCGM re acquisition agreement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
8 Nov 2023 10:33

IN BRIEF: Reach plans to cut 450 jobs in cost reduction programme

Reach PLC - London-based newspaper publisher - Launches further cost-cutting measures for a 5% to 6% reduction in operating costs for 2024, as part of its ongoing planning process. Says that the programme will "strengthen" its position as a digital publisher and "mitigate against the backdrop of continuing inflationary pressures that we expect to impact 2024". The programme includes a workforce reduction by 450 roles. Reach explains that these savings "will allow the business to deliver on its long term plans, while continuing to invest to drive better customer value, develop online products and grow new audiences."

Read more
8 Nov 2023 07:45

LONDON BRIEFING: M&S profit surges; JD Wetherspoon upping investment

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.