Reach

Reach has said its trading in Q4 was “strong” and, as a result, it now expects to deliver results ahead of current market expectations for the full year – causing its share price to jump.

Reach has seen its print revenue drop by nearly 4% year-on-year in Q3 – although print advertising revenue has continued to outperform volume declines.

Reach has proposed the reduction of its total workforce by an estimated 450 full-time roles as part of the cost reduction programme it announced in March.