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Reach (RCH) investor relations material

Reach AGM 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2026 summary6 May, 2026

Opening remarks and agenda

  • Chair opened the meeting, outlined housekeeping, and confirmed the agenda: Chair's remarks, CEO's strategy and trading update, Q&A, and voting on resolutions.

  • Board members and their roles were introduced, emphasizing a balanced and strong group.

Financial performance review

  • Achieved a market-leading 20% operating margin and growing profits for the year.

  • Digital revenue declined by just over 8% in Q1 2026, mainly due to lower referral volumes from Google.

  • Print and advertising revenues decreased by 6.6%, but remained more reliable, supported by promotional activity and cover price increases.

  • Cost base reductions and print facility consolidation contributed to maintaining profitability.

Board and executive committee updates

  • Board worked closely with the new CEO to confirm updated strategic priorities.

  • Board expressed confidence in the management team and thanked staff for their dedication.

Status of the 75,000 digital subscription goal
Impact of lower 2028 pension contributions
Strategy to counter Google referral traffic loss
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