- Reach4Entertainment has produced a FY pretax profit including exceptional items of £0.5m, down 89% from the prior same period's profit of £4.5m.

If exceptionals were excluded, the company's pretax profit was £0.9m, up 50% from £0.6m.

Executive chairman David Stoller said 2016 was a good year for r4e building upon the financial transformation achieved in the prior year.

"In addition to a positive trading performance which saw revenues increase by 12.5%, we set out our strategy for growth and have made significant headway towards executing it," he said.

At 9:09am: (LON:R4E) Reach4Enternainment Enterprises share price was -0.03p at 1.45p

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