Reach plc (GB:RCH) has released an update.
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Reach PLC reports improved operating profit margins and a steady dividend amid a challenging market, with digital revenues now constituting 45% of their total digital income. The company’s Customer Value Strategy has led to an increase in data-driven revenues and a resilient print performance, putting them on track to meet full-year expectations. Despite a 5.2% decline in overall revenue, cost-saving measures and strong digital asset trading have enhanced profitability.
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