Reach, owner of Daily Mirror and Express, forecasts £97.8M earnings for 2024, up from £96.5M in 2023.
Reach, the owner of the Daily Mirror and Express newspapers, forecasts underlying annual earnings of £97.8 million for 2024, up from £96.5 million in 2023. The company will face a £5 million pension charge in 2025. Despite a 3.9% drop in print turnover in the third quarter, digital revenues increased by 2.5% and are expected to grow further. Reach is also on track to meet its cost-saving targets. Full-year figures will be reported on March 4.
2 months ago
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