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Reach PLC Fundamentals

Company NameReach PLCLast Updated2024-04-18
IndustryPublishingSectorCommunication Services
Shares in Issue317.975 mMarket Cap£219.91 m
PE Ratio10.01Dividend per Share£0.07
Dividend Yield10.78Dividend Cover0.93
EPS£0.07EPS Growth (%)0.10
PEG0DPS Growth (%)0
Debt Ratio0.0518Debt Equity Ratio0.0447
Asset Equity Ratio1.9135Cash Equity Ratio0.0312
Quick Ratio0.6076Current Ratio0.86
Price To Book Value0.3398ROCE0

Reach PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2024-05-092024-05-31GBP0.0446
Interim2023-08-102023-09-22GBP0.0288
Prelim2023-05-112023-06-02GBP0.0446
Interim2022-08-112022-09-23GBP0.0288
Prelim2022-05-122022-06-10GBP0.0446
Interim2021-08-122021-09-24GBP0.0275
Prelim2021-05-132021-06-04GBP0.0426

Reach PLC Company Financials

Assets202320222021
Tangible Assets£126.60 m£151.00 m£170.00 m
Intangible Assets£876.70 m£868.80 m£860.20 m
Investments£14.50 m£14.60 m£17.40 m
Total Fixed Assets£1.08 bn£1.10 bn£1.16 bn
Stocks£11.40 m£12.90 m£5.50 m
Debtors£75.50 m£82.50 m£88.30 m
Cash & Equivalents£19.90 m£40.40 m£65.70 m
Other Assets£66.00 m£61.60 m£107.90 m
Total Assets£1.22 bn£1.26 bn£1.34 bn
Liabilities202320222021
Creditors within 1 year£157.00 m£159.90 m£166.10 m
Creditors after 1 year£425.10 m£461.60 m£537.60 m
Other Liabilities000
Total Liabilities£582.10 m£621.50 m£703.70 m
Net assets£637.20 m£637.50 m£638.80 m
Equity202320222021
Called up share capital£32.20 m£32.20 m£32.20 m
Share Premium£4.40 m£609.80 m£609.80 m
Profit / Loss£36.70 m£66.20 m£73.30 m
Other Equity£637.20 m£637.50 m£638.80 m
Preference & Minorities000
Total Capital Employed£637.20 m£637.50 m£638.80 m
Ratios202320222021
Debt Ratio£0.04£0.04£0.05
Debt-to-Equity£0.04£0.04£0.05
Assets / Equity1.91351.91351.9135
Cash / Equity0.03120.03120.0312
EPS£0.25£0.22£0.10
Cash Flow202320222021
Cash from operating activities£15.90 m£20.00 m£84.40 m
Cashflow before financing-£1.20 m£2.50 m£49.70 m
Increase in Cash-£20.50 m-£25.30 m£23.70 m
Income202320222021
Turnover£568.60 m£601.40 m£615.80 m
Cost of sales£344.70 m£375.70 m£329.40 m
Gross Profit£223.90 m£225.70 m£286.40 m
Operating Profit£46.10 m£71.30 m£79.30 m
Pre-Tax profit£36.70 m£66.20 m£73.30 m

Reach PLC Company Background

SectorCommunication Services
ActivitiesReach PLC is a commercial national and regional news publisher in the UK, producing and distributing content through newspapers, magazines, and digital platforms. Its portfolio includes influential and iconic brands such as the Mirror, Daily Express, Sunday Express, Daily Star, My London, Daily Record, and Sunday Mail, market brands in key metropolitan markets across the country. Its group's revenue streams are from print and digital activities.
Latest Interim Date25 Jul 2023
Latest Fiscal Year End Date5 Mar 2024

Reach PLC Directors

AppointedNamePosition
2024-03-19Mr. Nicholas Edward Tucker PrettejohnNon-Executive Director,Chairman
2019-08-16Mr. Simon Richard Fox Executive Director,Chief Executive Officer
2019-04-30Mr. Lee Dale GinsbergNon-Executive Director
2019-03-01Mr. Vijay Kumar Lakhman Meghji VaghelaExecutive Director,Group Finance Director and Company Secretary
2018-05-03Mr. David John GrigsonNon-Executive Director,Chairman
2010-06-28Sir Ian Gibson CBENon-Executive Director,Chairman
2014-11-17Mr. Paul Andrew VickersExecutive Director,Company Secretary and Group Legal Director
2015-12-24Ms. Jane Elizabeth Stuart LightingNon-Executive Director
2024-03-19Ms. Anne Christine Bulford CBE OBENon-Executive Director
2014-03-13Dr. Gary Andrew HoffmanNon-Executive Director
2007-04-25Mr. David Peter John RossNon-Executive Director
2013-04-15Ms. Sylvia BaileyExecutive Director,Chief Executive
2024-03-19Dr. David Thomas Kelly Non-Executive Director
2000-10-30Mr. Peter Gibbs Birch CBENon-Executive Director
2015-05-07Mr. Donal SmithNon-Executive Director
2024-03-19Ms. Helen Claire Stevenson Non-Executive Director,Senior Independent Director
2014-12-15Mr. Mark Hollinshead Executive Director,Chief Operating Officer
2024-03-19Mr. James Joseph Mullen Executive Director,Chief Executive Officer
2023-04-14Mr. Steven Thomas Hatch Non-Executive Director
2024-03-19Ms. Olivia Streatfeild Non-Executive Director
2024-03-19Mr. Simon Jeremy Ian Fuller Executive Director,Chief Financial Officer
2024-03-19Mr. Barry PanayiNon-Executive Director
2024-03-19Mr. Darren FisherExecutive Director,Chief Financial Officer

Reach PLC Contact Details

Company NameReach PLC
AddressOne Canada Square, Canary Wharf, London, E14 5AP
Telephone+44 2072933000
Websitehttps://www.reachplc.com

Reach PLC Advisors

StockbrokerPeel Hunt LLP
Phone+44 2074188900
Remuneration ConsultantKepler Associates
Phone+44 2079307730
Fax+44 2079307733
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823
BankNational Westminster Bank PLC
RegistrarEquiniti Ltd.
Phone+44 1214157082
StockbrokerNumis Securities Limited
Phone+44 2072601000
AuditorDeloitte LLP
Phone+44 2079363000
Fax+44 2075831198
SolicitorLevy & Mcrae
Phone+44 1413072311
Financial AdviserRothschild
Phone+44 2072805000
SolicitorNorton Rose Fulbright LLP
Phone+44 2072836000
Fax+44 2072836500
SolicitorHogan Lovells International LLP
Phone+44 2072962000
Fax+44 2072962001
StockbrokerBarclays Bank
Phone+44 2076232323
BankRoyal Bank of Scotland PLC
BankBarclays Bank PLC