Reach’s newspaper sales revenue has grown, while its revenue from online titles have dropped, according to recent results from Reach Plc.
Reach’s trading update says full-year profit expectations are unchanged despite “declining digital referral volumes” and print circulation revenue growing marginally.
Reach called print “a resilient and predictable revenue stream”, and said it is actively mitigating “expected volume decline”.
Reach said it would continue to focus on digital revenues.
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