Reach plc (LSE:RCH) said it now expects to deliver full-year 2025 profit ahead of market expectations, supported by the resilience of its print operations and continued tight cost control. This comes despite digital revenues for the year being forecast to fall by around 1% to approximately £130 million, reflecting weaker referral traffic from Google and a challenging macroeconomic environment.
Management pointed to solid strategic progress during the year, including the launch of digital subscription products, an expansion of video content output and continued growth in off-platform audiences. These initiatives underline Reach’s ongoing shift towards digital monetisation, while still relying on a stable and cash-generative print business to underpin earnings. The group is scheduled to report its full-year results on 3 March 2026.
Overall, Reach’s outlook is shaped by a combination of attractive valuation metrics and operational discipline. A low earnings multiple and high dividend yield continue to appeal to value and income-focused investors, although ongoing revenue pressure and variable cash flow generation remain key considerations, particularly in the context of weaker digital advertising trends.
More about Reach plc
Reach plc is a UK-based media company with a portfolio of national and regional newspaper titles alongside a broad range of digital news brands. The group generates revenue from print publishing and advertising, with an increasing contribution from digital platforms as it seeks to grow online audiences and monetise content through subscriptions, video and off-platform distribution.
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