Trading Statement

Smiths News

28/03/2025 07:00

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 expectations1.  

 

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/

 

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

 

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

 

For further information, please contact:

 

Smiths News PLC
Jonathan Bunting, Chief Executive Officer
Paul Baker, Chief Financial Officer
www.smithsnews.co.uk
via Vigo Consulting
Vigo Consulting
Jeremy Garcia / Fiona Hetherington / Verity Snow
smithsnews@vigoconsulting.com
Tel: +44 (0) 20 7390 0230

 

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

 

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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