Reach Plc releases trading update

  • Nov 29, 2019 GMT
  • Team Kalkine
  • Like-for-like revenue for 5 months to 24 November 2019 fell by 4.4% compared to 6.6% decline in the corresponding prior-year period.
  • Like-for-like revenue for Print fell by 7.3% while that for Digital went up by 14% for the above period compared to the corresponding year-ago period.
  • Cash generation continues to be strong and the company’s balance sheet remains robust.
  • On 29 November 2019, RCH shares were trading at GBX 92.40 at GMT 09:10 AM, up 8.90 points or 10.66% from the previous day’s closing price level.

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