Reach plc (GB:RCH) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Reach PLC reports improved operating profit margins and a steady dividend amid a challenging market, with digital revenues now constituting 45% of their total digital income. The company’s Customer Value Strategy has led to an increase in data-driven revenues and a resilient print performance, putting them on track to meet full-year expectations. Despite a 5.2% decline in overall revenue, cost-saving measures and strong digital asset trading have enhanced profitability.
For further insights into GB:RCH stock, check out TipRanks’ Stock Analysis page.