Trading Update
Reach PLC anticipates delivering full-year 2025 profit ahead of market expectations, with consensus adjusted operating profit at £99.1 million, driven by a resilient print business and cost control. However, digital revenues are projected to be 1% lower than the prior year, reflecting a £130.0 million baseline, due to reduced Google referral volumes and ongoing macroeconomic weakness. The company highlighted strategic progress including the launch of digital subscriptions and expansion of video output.
Select text to share a quote on X · sign in to keep highlights & notes in your RCH notes
Alongside strategic progress, the resilient performance of our print business and continued cost control means that we expect to deliver ahead of current market expectations for the full year.¹
Digital revenues for the full year are expected to be 1% lower than the prior year (FY24: £130.0m). The factors affecting Q4 digital revenue are unchanged from those outlined in our Q3 trading update. These include a material reduction in Google referral volumes, alongside continued macroeconomic weakness.
Piers North, Chief Executive:
"During the period we made significant strategic progress, notably launching digital subscriptions, expanding video output and growing our off-platform audiences. We look forward to the year ahead and thank our teams for their efforts in delivering this year's results."
Results for the year ended 31 December 2025 will be announced on 3 March 2026.
Notes
¹ Market expectations compiled by the Company are an average of analyst published forecasts - consensus adjusted operating profit for FY25 £99.1m.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.