REG - Smiths News PLC - Trading Statement

Smiths NewsAnnouncement

28/03/2025 07:00

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RNS Number : 5500C  Smiths News PLC  28 March 2025

28 March 2025

Smiths News PLC

("Smiths News" or the "Company" or the "Group")

 

Trading Update

&

Notice of Results

 

Smiths News, (LSE: SNWS), the UK's largest news wholesaler and a leading
provider of early morning end-to-end supply chain solutions, today provides a
trading update for the 26 weeks ended 1 March 2025 ("H1 2025" or the
"Period").

 

The Board confirms a solid trading performance across H1 2025 and that the
Company remains on track to deliver results for the year ending 30 August 2025
("FY25") in line with market expectations(1).

 

As previously stated, Smiths News has officially secured long-term contracts
covering 91% of its newspaper and magazine revenues through to at least 2029,
providing a solid foundation to support its medium-term growth ambitions.
Smiths News continues to maximise its market-leading early-morning, end-to-end
supply chain capabilities, and will provide a full update to shareholders at
the half-year results in May 2025.

 

Notice of Results

The Company will announce results for the Period on Wednesday, 7 May 2025.

 

Analyst presentation

There will be a presentation for sell-side analysts taking place at 9.30am on
Wednesday, 7 May 2025, hosted by Jon Bunting (CEO) and Paul Baker (CFO). For
more details and to register attendance, please contact Vigo Consulting at
smithsnews@vigoconsulting.com.

 

A copy of the presentation will be made available on the Smiths News website
following the meeting:
https://www.smithsnews.co.uk/investor-zone/investors/results-and-presentations/
(https://www.smithsnews.co.uk/investor-zone/investors/results-and-presentations/)

 

Investor presentation

A webcast presentation of the Company's H1 2025 results will be hosted on the
Investor Meet Company platform at 12.00pm on Wednesday, 7 May 2025. The
presentation is open to all existing and potential shareholders. Questions can
be submitted pre-event via the Investor Meet Company dashboard up until 9.00am
on the day before the meeting, or at any time during the presentation.

 

Investors can sign up for free and add to meet Smiths News via the following
link: https://www.investormeetcompany.com/companies/smiths-news-plc
(https://www.investormeetcompany.com/companies/smiths-news-plc)

 

Investors who already follow Smiths News on the Investor Meet Company platform
will be automatically invited.

 

 

(1)  Company compiled analyst consensus can be found on the Smiths News
website: Analyst Consensus
(https://www.smithsnews.co.uk/investor-zone/investors/consensus-and-key-metrics/)

 

For further information, please contact:

 

 Smiths News PLC                                      via Vigo Consulting

 Jonathan Bunting, Chief Executive Officer

 Paul Baker, Chief Financial Officer

 www.smithsnews.co.uk (http://www.smithsnews.co.uk)

 Vigo Consulting                                      Tel: +44 (0) 20 7390 0230

 Jeremy Garcia / Fiona Hetherington / Verity Snow

 smithsnews@vigoconsulting.com

 

About Smiths News

For over 200 years, Smiths News has been delivering newspapers to retailers
across the UK. It distributes newspapers and magazines on behalf of the major
national and regional publishers, delivering to approximately 22,500 customers
across England and Wales on a daily basis. The speed of turnaround and the
density of Smiths News' coverage is critical to one of the world's fastest
physical supply chains.

 

For more information, please visit: www.smithsnews.co.uk
(http://www.smithsnews.co.uk)

 

Person responsible for arranging release of this announcement:

Stuart Marriner, General Counsel & Company Secretary

Smiths News plc, Rowan House, Cherry Orchard North, Kembrey Park, Swindon SN2
8UH

Email: cosec@smithsnews.co.uk

 

 

 

 

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