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Mirror and Express publisher increases annual earnings outlook

Summary

The owner of the Daily Mirror and Express newspapers has said annual results will be better than expected thanks to a strong end to 2024. Reach – which also owns the Daily Star and a raft of regional titles – is currently forecast to deliver underlying annual earnings of £97.8 million.

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RTÉ

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Reach sees 2024 annual profit beating market view

Reach, the publisher of the Daily Mirror, expects its 2024 operating profit to beat market expectations, helped by a strong fourth quarter, it said today, driving its shares more than 20% up.

2 months ago·Ireland

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Evening Standard

Lean Right

Mirror and Express publisher increases annual earnings outlook

Reach said it is set to deliver underlying annual earnings above the £97.8 million expected in the market.

2 months ago·London, United Kingdom

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mediagazer.com

Reach's stock rises 25%+ as it says it expects to beat forecasts of £97.4M in adjusted operating profit for 2024; its stock is up 41% over the past 12 months

Mediagazer presents the day's must-read media news on a single page.

2 months ago

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Insider Media Ltd

Reach forecasts better-than-expected annual results despite pension charge - Insider Media

The owner of the Daily Mirror, Express, and Daily Star newspapers as well as a large number of regional and local titles, Reach, has announced that its annual results for 2024 are expected to exceed forecasts, driven by a strong final quarter.

2 months ago

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City AM

Reach: Daily Mirror and Express publisher hikes guidance

Reach said it expected to deliver results ahead of current market expectations following "strong" fourth quarter trading.

2 months ago·London, United Kingdom

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Global Banking & Finance Review

Daily Mirror-publisher Reach sees annual profit ahead of market view

(Reuters) - Reach Plc, the publisher of the Daily Mirror, said on Monday it expects fiscal year 2024 operating profit to beat market expectations, helped by a strong fourth quarter. (Reporting by Aby

2 months ago

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