Trading Statement
FY2026 trading remains in line with market expectations; final and special dividends confirmed for FY2025.
vs expectations: in line
- FY2025 total dividend per share 8.55p
- Final dividend FY2025 3.8p
- Special dividend 3.0p
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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 shareholders with an update on trading ahead of its Annual General Meeting ("AGM") taking place this morning.
The Board confirms that trading for the year ending 29 August 2026 ("FY2026") remains in line with market expectations1.
The Company's strategy of maintaining shareholder returns alongside the development of additional revenue streams that leverage the Company's existing capabilities and networks remains on track.
Accordingly, Smiths News confirms that, subject to shareholder approval at the AGM later today, it will pay a final dividend for FY2025 of 3.8p and a special dividend of 3.0p to shareholders on 5 February 2026, bringing the total for FY2025 to 8.55p per ordinary share held.
Jon Bunting, Chief Executive Officer of Smiths News, commented:
"Smiths News has performed strongly since the start of the year, and I am pleased to report that we are on track to meet market expectations.
"We continue to make progress in broadening our market reach, whilst ensuring we maintain our best class service across our newspaper and magazine activities.
"I look forward to providing a further update to shareholders at the half year results in May."
1 Company compiled analyst consensus can be found on the Smiths News website: Analyst Consensus
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