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Smiths News PLC ( (GB:SNWS) ) has issued an announcement.
Smiths News PLC has announced that its trading for the fiscal year ending August 30, 2025, aligns with market expectations. Acknowledging the approval of a final and special dividend, the company has also secured long-term contracts with Reach PLC, covering 91% of its newspaper and magazine revenues through 2029. This strategic move strengthens its growth ambitions, leveraging its supply chain capabilities while maintaining a focus on expanding its operational footprint.
More about Smiths News PLC
Smiths News PLC is the UK’s largest news wholesaler, providing newspapers and magazines on behalf of major national and regional publishers to approximately 22,500 customers across England and Wales daily. The company is known for its fast and dense physical supply chain, ensuring early morning deliveries that support its role as a leading provider of end-to-end supply chain solutions.
YTD Price Performance: -6.11%
Average Trading Volume: 1,097,096
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £139.9M
Find detailed analytics on SNWS stock on TipRanks’ Stock Analysis page.
