REG - Smiths News PLC - Trading Statement

Smiths NewsAnnouncement

Tue 07:00

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RNS Number : 2473A  Smiths News PLC  23 September 2025

This announcement contains inside information

 

23 September 2025

 

 

Smiths News PLC

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

 

Post Close Trading Statement

 

Smiths News (LSE: SNWS), the UK's largest news wholesaler and a leading
provider of early morning end-to-end supply chain solutions, is pleased to
report that, following strong trading in the second half of the 52-week period
ended 30 August 2025 ("FY2025"), adjusted operating profit for FY2025 is now
expected to be slightly ahead of current market expectations*. This positive
performance has been driven by the news and magazines business, which has been
bolstered by strong demand for collectables, and continued focus on
operational efficiencies, delivering cost-savings in line with expectations.

 

The Company is also pleased to announce it has received a final £2.0 million
dividend from the administrators of McColl's Retail Group.  No further
dividends are expected to be received in relation to this matter.

 

In line with the Group's capital allocation policy, the Board continues to
consider investment in its core capabilities, potential adjacent market
opportunities and further shareholder returns. The Group expects to provide an
update on capital allocation and progress with its growth initiatives at full
year results in November 2025.

 

Jonathan Bunting, Chief Executive Officer, commented:

 

"The Group's performance in FY2025 reflects the continued dedication and
strategic discipline of our team, maintaining a clear focus on the news and
magazines business, whilst extending our market reach in a targeted and
sustainable manner.

 

"As we move into FY2026, the business continues to perform well, and I look
forward to sharing a more detailed update on our progress at the Company's
full year results in November."

 

 

 

*Company compiled analyst consensus can be found on Smiths News' website -
Analyst consensus
(https://smithsnews.co.uk/investor-zone/investors/consensus-and-key-metrics/)
. Current adjusted operating profit market expectation for FY2025 is £37.2m.

 

 

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 / Anna Sutton

 smithsnews@vigoconsulting.com (mailto:smithsnews@vigoconsulting.com)

 

About Smiths News

 

Smiths News is the UK's largest news wholesaler and leading provider of early
morning, end-to-end supply chain solutions. Smiths News has been delivering
newspapers to retailers across the UK for over 200 years on behalf of the
major national and regional publishers. Today, Smiths News delivers to over
22,000 customers across England and Wales on a daily basis.

 

Smiths News' service capability now extends into a number of growth
initiatives that build on its expertise in warehousing, reverse logistics and
early morning final mile services, across its extensive high-density UK
delivery network, including a waste recycling collection service, the delivery
of additional categories such as books and home entertainment, and extending
our services in the final mile.

 

The speed of turnaround and the density of Smiths News' coverage is critical
to one of the world's fastest physical supply chains and we remain focused on
continuing to deliver best in class service to the news and magazines market,
whilst exploring opportunities for growth based on this strong foundation.

 

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 (mailto:cosec@smithsnews.co.uk)

 

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