Smiths News PLC (GB:SNWS) has released an update.
Smiths News PLC has announced a significant contract renewal with the Financial Times, ensuring the continuation of their distribution across the UK. This renewal contributes to the company having secured 75% of its newspaper and magazine revenue on long-term agreements. The company, which prides itself on a 200-year history of distribution, remains confident in finalizing the remaining contracts and reinforcing its growth and investment strategy.
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