Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Reach plc ( (GB:RCH) ) has provided an update.
Reach plc announced a strong performance in Q4, which is expected to result in full-year results surpassing market expectations. The company has identified a £5m additional funding requirement for the West Ferry Printers Pension Scheme due to a historical error, but assures stakeholders that no other material issues are present in their pension schemes. They also completed refinancing of their banking facilities with a £145m Revolving Credit Facility set to mature in December 2028. The financial covenants remain unchanged, providing stability for future operations.
More about Reach plc
Reach plc is a company operating in the media industry, primarily focused on publishing newspapers and digital content. They are known for producing widely read newspapers and have market focus on delivering news and information across various platforms.
YTD Price Performance: -13.57%
Average Trading Volume: 437,479
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £226.6M
Find detailed analytics on RCH stock on TipRanks’ Stock Analysis page.
