UK's Smiths News gains after winning long-term contracts
17/07/2026 08:26
BUZZ-UK's Smiths News gains after winning long-term contracts ** Shares of newspapers and magazines distributor Smiths News SNWS.L up 5% at 70.2 pence
** Top gainer on FTSE small-cap index .FTSC, which is down 0.2%
** Co says new long-term contracts with Frontline and Seymour Distribution expected to add revenue of around £105 million ($141.42 million) per annum from April 2030
** YTD, stock down 9%
($1 = £0.7424)
(Reporting by Neeshita Beura in Bengaluru)