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Shares in Daily Mirror owner Reach rise as it says it will beat profit forecasts

The owner of the Gloucester Citizen and Gloucestershire Echo newspapers says annual results will be better than expected, thanks to a strong end to 2024.

Reach, which also owns national titles including the Daily Mail, is forecast to deliver underlying annual earnings of 97-point-8 million pounds – up 1-point-3 million on the previous year.

But the group says it’s due to take a 5-million-pound charge in 2025, for its West Ferry Printers Pension Scheme.

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