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Express & Star acquisition sends Reach revenues up 16.2% to £723.9m


By John Glenday | Reporter

February 25, 2019 | 2 min read

Acquisition of the Express & Star stable by Reach has provided a double-digit fillip for the publisher after its revenues surged 16.2% to £723.9m – masking a like-for-like fall of 6.6% when the outsize impact of the acquisition is stripped out.


Express & Star Acquisition sends Reach revenues up 16.2% to £723.9m

Over the course of 2018 Reach saw its adjusted operating profits beat analyst expectations, rising 16.8% to £145.6m while the pension deficit closed slightly, falling by £29m to £348.6m.

Not all figures seem to be moving in the right direction however with Reach recording a statutory operating loss of £107.6m on account of a non-cash impairment charge of £200m and a further £15.8m charge relating to pensions.

Reach chief executive Simon Fox said: "I am pleased with the performance we have delivered in 2018 and encouraged by the stronger finish to the year. We have begun 2019 in a strong financial position with good momentum on the integration of Express & Star and with clear plans for digital growth."

Assuming ‘no significant adverse implications arising from the UK’s exit from the European Union’, Reach expressed confidence that it will continue to drive profit through 2019.

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Bristol-based Reach are packaging design partners for pan-European brands and bright startups. We help you bring unique products into the world and to breathe new life into old favourites.​

Led by packaging brand strategist Caroline Hagen, Reach is a team of talented and highly experienced self-employed collaborators working together to revolutionise the way branding and packaging design gets done. It’s a more strategic approach, and a more flexible and democratic way of working, and it leads to truly impactful results.​ 


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When it comes to creating brilliant packaging design, experience has taught us that respect for everyone involved in the process is key. So we’ve created a revolutionary approach to the creative design process. We call it Client Democracy, and it is collaborative to its core. Our aim is to get the very best from you and your team and the very best for your brand.

If you’ve got big ambitions for your brand, let’s talk.​

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