Reach Plc Share News (RCH)

LONDON MARKET CLOSE: Growth worries and Walmart warning hit stocks

(Alliance News) - Equities in Europe largely endured a difficult day on Tuesday, succumbing to gas supply worries and global growth concerns, as a profit warning from Walmart hit retailers both in the US and elsewhere.

SMALL-CAP WINNERS & LOSERS: Reach and Wickes sink on dark outlook

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

Reach shares dive on dim outlook despite interim profit increase

(Alliance News) - Reach PLC's shares dropped on Tuesday as it posted a dim outlook alongside a higher profit and dividend for the first half of its financial year.

Daily Mirror publisher Reach posts drop in H1 profits amid cost pressures

(Sharecast News) - Reach tumbled on Tuesday after the newspaper and magazine publisher posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain "subdued".

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

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

LONDON MARKET CLOSE: FTSE 100 pares gains as BoE warns on UK outlook

(Alliance News) - The FTSE 100 saw strong gains on Thursday fade away into the close, dragged down by losses in New York and a worrying outlook for the UK economy from the Bank of England.

UK dividends calendar - next 7 days

Reach shares drop as Ukraine war stifles revenue growth

(Alliance News)- London-based newspaper publisher Reach PLC on Thursday reported a fall in revenue following Russia's invasion of Ukraine.

SMALL-CAP WINNERS & LOSERS: Reach sinks as Ukraine war stifles growth

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

Reach digital growth rate hit by 'more challenging' market', shares slump

(Sharecast News) - Reach shares tumbled on Thursday after the Daily Mirror owner reported a drop in group revenue and said advertising demand had taken a hit as brands have been reluctant to place ads alongside news about the Ukraine war.

UK shareholder meetings calendar - next 7 days

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.