Company Reach plc

Equities

TNI

GB0009039941

Consumer Publishing

Market Closed - London S.E. 16:35:05 14/06/2024 BST 5-day change 1st Jan Change
86.4 GBX +1.05% Intraday chart for Reach plc -5.16% +15.35%

Business Summary

Reach plc is a United Kingdom-based commercial news publisher. The Company is focused on providing content that attracts the audience of any commercial news publisher in the United Kingdom (UK) and Ireland. The Company is engaged in delivering the latest news, entertainment and sport to communities throughout the United Kingdom and Ireland and around the world. It has over 120 national and regional brands, across both print and online. The Company’s brands include Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon and Curiously. It covers a range of sports, from the English Premier League to Scottish football, to Welsh Rugby, Formula 1 and its coverage of the Cheltenham Festival. The Company has approximately 129 brands, including Websites and print products; 33 books published from Mirror Books, and 160 active podcasts.

Number of employees: 3,706

Sales per Business

GBP in Million2022Weight2023Weight Delta
Print - Circulation
55.0 %
308 51.2 % 313 55.0 % +1.56%
Digital
22.4 %
150 24.9 % 127 22.4 % -14.95%
Print - Advertising
13.5 %
87 14.4 % 77 13.5 % -11.85%
Print - Other
5.2 %
31 5.1 % 30 5.2 % -4.53%
Printing
3.6 %
23 3.8 % 20 3.6 % -12.55%
Other
0.4 %
3 0.5 % 2 0.4 % -20.00%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
95.4 %
574 95.5 % 542 95.4 % -5.52%
Europe
4.5 %
27 4.5 % 26 4.5 % -5.90%
Rest of World
0.1 %
0 0.0 % 1 0.1 % +250.00%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 15/08/19
Director of Finance/CFO 58 30/12/22

Members of the board

Members of the board TitleAgeSince
Chairman 63 28/02/18
Director/Board Member 65 30/12/22
Director/Board Member 65 17/06/19
Director of Finance/CFO 58 30/12/22
Chief Executive Officer 53 15/08/19
Director/Board Member - 14/01/16
Director/Board Member - 31/08/22
Director/Board Member - 31/08/22
Director/Board Member - 12/10/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 322,152,650 304,019,691 ( 94.37 %) 4,110,884 ( 1.276 %) 94.37 %

Shareholders

NameEquities%Valuation
M&G Investment Management Ltd.
13.90 %
44,209,812 13.90 % 45 M p
Aberforth Partners LLP
10.34 %
32,884,524 10.34 % 34 M p
Lombard Odier Asset Management (Europe) Ltd.
6.355 %
20,206,787 6.355 % 21 M p
Slater Investments Ltd.
5.393 %
17,148,625 5.393 % 18 M p
Fidelity Management & Research Co. LLC
5.050 %
16,057,004 5.050 % 17 M p
The Wellcome Trust Ltd. (Investment Management)
5.019 %
15,958,396 5.019 % 16 M p
Premier Fund Managers Ltd.
4.905 %
15,597,514 4.905 % 16 M p
Schroder Investment Management Ltd.
4.512 %
14,347,971 4.512 % 15 M p
CACEIS Bank SA
4.318 %
13,729,000 4.318 % 14 M p
Dimensional Fund Advisors LP
4.039 %
12,843,108 4.039 % 13 M p

Company contact information

Reach Plc

One Canada Square Canary Wharf

E14 5AP, London

+44 20 7293 3000

http://www.reachplc.com
address Reach plc(TNI)

Group companies

NameCategory and Sector
West Ferry Printers Pension Scheme Trustees Ltd.
Investment Managers

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.864 GBP
Average target price
1.6 GBP
Spread / Average Target
+85.19%
Consensus

Annual profits - Rate of surprise

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