UK's Smiths News rises on securing long-term Telegraph Media contract
15/10/2026 11:29
BUZZ-UK's Smiths News rises on securing long-term Telegraph Media contract
** Shares of newspapers and magazines distributor Smiths News SNWS.L up 4% at 78.6p
** Co secures long-term exclusive contract with Telegraph Media Group to distribute TMG titles nationwide from October 2027
** Expanded territories expected to add £40 million ($53.04 million) in annual revenue
** YTD, stock has risen ~4%
($1 = 0.7541 pounds)
(Reporting by Tuhina in Bengaluru)