Reach4Entertainment lifted as guidance improved

By
0 mins. to read
Reach4Entertainment lifted as guidance improved
Master Investor Magazine

Master Investor Magazine 59Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

AIM-listed communications group Reach4Entertainment (LON:R4E) climbed 23.89% to 1.08p (as of 15:10 GMT) after it said revenues and EBITDA for 2019 were significantly ahead of market expectations.

CEO Mark Boyan said: “Our turnaround strategy continues to deliver growth and improved profitability, with the Group benefiting from broadening its services into new areas of live entertainment and being more operationally efficient. We are now well-placed to continue this momentum into 2020 as we continue to strengthen our market offering and build upon the strong pipeline of new clients and projects already secured“.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?


Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.