UK's Smiths News rises on FY profit beat, announcing special dividend

Smiths News

04/11/2025 08:36

** Smiths News SNWS.L rises 6% to 67p; top gainer on FTSE smallcaps index .FTSC

** Newspapers and magazines distributor posts FY adj. operating profit of 39.1 mln pounds ($52.5 mln) vs estimate of 37.2 mln pounds, per company-compiled poll

** Proposes special dividend of 3 pence/share payable on February 5, 2026

** Expects to deliver results in line with market estimates

** Says delivered good start to trading in current financial year

** YTD, SNWS up ~1.98%

($1 = 0.7451 pounds)

 (Reporting by Rishab Shaju in Bengaluru)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))