Media giant Reach has hailed the success of its online strategy and vowed to continue investing in growth as its digital growth more than offset print decline.
Reach, whose brands range from the Mirror and the Express to Wales Online and the Manchester Evening News, reported its full year results for 2021 today.
Revenue for the year was £615.8m - up 2.6% on 2021. Adjusted operating profits rose 9.2% to £146.1m. The adjusted pre-tax profit was £143.5m, up from £131.3m in 2020.