Smiths News
SNWS · Main Market · Industrial Goods and Services · mcap £184m · 74.4p
Smiths News distributes newspapers and magazines from publishers to retailers across the UK, earning fees on volumes handled. It is adding services such as early-morning supply chain work and collectables to offset the long decline in print volumes.
| Date | Type | Announcement | Day |
|---|---|---|---|
| 09 Oct 26 | Notice of Full Year Results
Smiths News (LSE: SNWS), the UK's largest news wholesaler and a leading provider of early morning end-to-end supply chain solutions, will announce full year results for the year ended 29 August 2026 on Wednesday, 4 Novem |
+0.3% | |
| 29 Sep 26 | Trading update | Post Year-End Trading Update
FY2026 results expected ahead of market expectations, boosted by record £3m FIFA World Cup contribution. |
+4.4% |
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ahead expectations FIFA World Cup contribution over £3mMarket expectation for adjusted operating profit FY2026 £37.2m
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| 03 Sep 26 | Routine | Block Listing Interim Review | |
| 06 Aug 26 | Holding | Holding(s) in Company | |
| 17 Jul 26 | National Contract Awards - Frontline and Seymour
Secured long-term contracts with Frontline and Seymour representing £105m annual revenue uplift from April 2030. |
+4.5% | |
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Expected incremental revenue uplift c.£105m per annumContract term extension through April 2037UK magazine market share covered over 60%
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| 29 Jun 26 | Director dealing | Director/PDMR Shareholding | |
| 29 Jun 26 | National Contract Win - ANL
Smiths News secures long-term national contract with Associated Newspapers Limited from January 2028. |
+3.8% | |
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Incremental revenue uplift from expanded territories c.£105m per annumMarket share secured from January 2028 c.36%Contract term extended through July 2037
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| 17 Jun 26 | Contract Win - National Distribution
Smiths News secured a long-term contract extension with News UK providing national distribution and £125m annual revenue uplift from July 2027. |
+9.8% | |
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Incremental annual revenue uplift from July 2027 c.£125mContract extension through July 2037National rollout effective July 2027Dividend guidance for FY2026 and FY2027 5.2p per share
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| 06 May 26 | Results | Interim Results as at 28 February 2026
HY2026 revenue down 3.9% to £515.7m; adjusted operating profit £18.3m; full year in line with market expectations. |
+2.5% |
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in line expectations Revenue £515.7m (£536.4m)Adjusted operating profit £18.3m (£19.4m)Adjusted profit after tax £12.7m (£13.1m)Free cash flow £21.2m (£13.3m)Bank net cash £7.8m ((£12.4m))Interim dividend per share 1.75p (1.75p)
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| 19 Mar 26 | Contract Renewal with The Guardian
Smiths News secured a new long-term contract with The Guardian extending through 2031 across all UK distribution territories. |
−1.2% | |
|
Long-term contract coverage through to 2029 over 96%Contract period to 2031
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| 27 Feb 26 | Routine | Block listing Interim Review | |
| 23 Feb 26 | Statement re Tuffnells Parcels Express Pension
Smiths News received a Warning Notice from UK Pensions Regulator regarding potential Financial Support Direction for Tuffnells Parcels Express Pension Scheme. |
−4.2% | |
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Tuffnells Scheme Section 75 debt £3,467,000
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| 10 Feb 26 | Director dealing | Director/PDMR Shareholding - Correction | |
| 03 Feb 26 | Director dealing | Director/PDMR Shareholding | |
| 29 Jan 26 | Routine | Result of AGM | |
| 29 Jan 26 | Trading update | Trading Statement
FY2026 trading remains in line with market expectations; final and special dividends confirmed for FY2025. |
+0.3% |
|
in line expectations FY2025 total dividend per share 8.55pFinal dividend FY2025 3.8pSpecial dividend 3.0p
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| 16 Dec 25 | Routine | Notice of AGM | |
| 12 Dec 25 | Director dealing | Director/PDMR Shareholding | |
| 09 Dec 25 | Director dealing | Director/PDMR Shareholding | |
| 03 Dec 25 | Director dealing | Director/PDMR Shareholding | |
| 28 Nov 25 | Director dealing | Director/PDMR Shareholding | |
| 14 Nov 25 | Director dealing | Director/PDMR Shareholding | |
| 04 Nov 25 | Results | Final Results
Adjusted operating profit of £39.1m met expectations; cash improved to £3.3m net; total dividends increased to 8.55p per share. |
+4.1% |
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ahead expectations Adjusted operating profit £39.1m (£39.1m)Revenue £1,064.0m (£1,103.7m)Adjusted profit after tax £27.0m (£24.7m)Free cash flow £36.1m (£23.0m)Bank net cash £3.3m ((£11.0m) debt)Total dividends per share 8.55p (7.15p)
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| 06 Oct 25 | Routine | Notice of Results and CFO Transition | |
| 23 Sep 25 | Trading update | Trading Statement
FY2025 adjusted operating profit expected slightly ahead of market expectations at £37.2m, driven by news and magazines demand. |
+1.7% |
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slightly ahead expectations Adjusted operating profit FY2025 slightly ahead of £37.2m (£37.2m market expectation)McColl's Retail Group final dividend received £2.0m
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| 01 Sep 25 | Routine | Block listing Interim Review | |
| 31 Jul 25 | Board change | Appointment of Chief Financial Officer
Richard Clay appointed Chief Financial Officer, effective no later than 30 January 2026. |
−1.1% |
| 07 May 25 | Results | Half-year Results
Half-year revenues flat at £536.4m with adjusted operating profit up 3.2% to £19.4m; 91% of publisher contracts renewed to 2029. |
+0.3% |
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in line with market expectations expectations Revenue £536.4m (£539.8m)Adjusted operating profit £19.4m (£18.8m)Free cash flow £13.3m (£4.2m)Adjusted EPS 5.4p (4.9p)Publisher contracts secured 91%Interim dividend per share 1.75p (1.75p)
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| 28 Mar 25 | Trading update | Trading Statement
H1 2025 trading solid and on track with market expectations; long-term contracts secured through 2029. |
+0.0% |
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in line expectations Newspaper and magazine revenues under long-term contract 91%
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| 04 Mar 25 | Board change | Directorate Change
Chief Financial Officer Paul Baker to step down; replacement search to commence. |
−2.5% |
| 28 Feb 25 | Routine | Block listing Interim Review | |
| 16 Jan 25 | Routine | Result of AGM | |
| 16 Jan 25 | Trading update | Trading Statement
FY25 trading remains in line with market expectations; long-term contracts with Reach PLC secured covering 91% of newspaper and magazine revenues to 2029. |
+1.7% |
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in line expectations Final dividend 3.4pSpecial dividend 2.0pTotal FY2024 dividend 7.15p per ordinary shareNewspaper and magazine revenues secured 91% (to at least 2029)
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| 07 Jan 25 | Board change | Directorate Change
Manju Malhotra joins as independent non-executive director; Denise Collis to retire; Michael Holt becomes Remuneration Committee chair. |
+0.3% |
| 13 Dec 24 | Routine | Notice of AGM | |
| 12 Dec 24 | Holding | Holding(s) in Company | |
| 10 Dec 24 | Contract Renewal Reach PLC
Smiths News secures long-term contract renewal with Reach PLC covering all UK distribution territories through 2029. |
+0.3% | |
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Annual revenues from Reach contract c.£160m p.a.Percentage of newspaper and magazine revenues secured long-term 91%
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| 29 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 29 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 29 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 29 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 29 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 14 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 08 Nov 24 | Investor Event
Smiths News CEO and CFO to present at investor webinar on 11 November 2024. |
+1.7% | |
| 08 Nov 24 | Holding | Holding(s) in Company | |
| 06 Nov 24 | Holding | Holding(s) in Company | |
| 06 Nov 24 | Director dealing | Director/PDMR Shareholding | |
| 05 Nov 24 | Results | Final Results
Full-year revenue £1,104m with adjusted operating profit £39.1m, ahead of expectations; dividends increased 72%. |
+8.4% |
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ahead of market expectations expectations Revenue £1,103.7m (£1,091.9m)Adjusted operating profit £39.1m (£38.8m)Free cash flow £7.3m (£21.8m)Bank Net Debt £11.0m (£4.2m)Total ordinary dividend 5.15p per share (4.19p per share)Special dividend 2.0p per share
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| 18 Oct 24 | Appointment of Joint Corporate Broker
Canaccord Genuity appointed as Joint Corporate Broker alongside Berenberg. |
+4.2% | |
| 17 Oct 24 | Notice of Full Year Results
Smiths News to announce full year results for 53-week period ended 31 August 2024 on 5 November 2024. |
−0.7% | |
| 14 Oct 24 | Holding | Holding(s) in Company | |
| 02 Oct 24 | Trading update | Post Close Trading Statement
FY2024 adjusted operating profit expected at least in line with £38.2m market expectations; revenue grew 1.1%. |
+1.4% |
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in line expectations Adjusted Operating Profit FY2024 at least £38.2mRevenue growth 1.1%Cost savings delivered £5.6m
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| 18 Sep 24 | Contract Renewal with Financial Times
Smiths News renews long-term distribution contract with Financial Times, securing all current UK territories. |
+1.8% | |
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Contracted revenues as percentage of current newspaper and magazine revenues 75%
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| 02 Sep 24 | Routine | Block listing Interim Review | |
| 02 May 24 | Refinancing Agreement
Smiths News refinanced £40m revolving credit facility with improved terms and removed dividend cap. |
+3.0% | |
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Revolving credit facility £40 millionUncommitted accordion facility £10 millionMargin improvement 155bpsNew margin over SONIA 2.45% per annumPrevious dividend cap £10 million per financial year
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| 02 May 24 | Results | Half-year Results
Half-year revenue £539.8m down 1.9%, adjusted operating profit £18.8m down £1.6m; debt refinanced, interim dividend raised 25%. |
+3.0% |
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in line expectations Revenue £539.8m (£550.1m)Adjusted operating profit £18.8m (£20.4m)Free cash flow £4.2m inflow (£0.2m outflow)Bank Net Debt £10.0m (£22.9m)Adjusted EPS 4.9p (5.6p)Interim dividend per share 1.75p (1.40p)
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| 18 Apr 24 | Routine | Notice of Results | |
| 01 Mar 24 | Routine | Block listing Interim Review | |
| 31 Jan 24 | Routine | Result of AGM | |
| 31 Jan 24 | Trading update | Trading Statement
FY24 trading remains in line with market expectations; 74% of publisher revenue secured to 2029. |
+2.3% |
|
in line expectations Publisher revenue contracts secured to at least 2029 74% of current revenue streamsH1 23 one-off benefit events 2022 FIFA World Cup, State Funeral of Her Majesty the Queen
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| 15 Dec 23 | Holding | Holding(s) in Company | |
| 15 Dec 23 | Results | Annual Report
Smiths News submitted Annual Report and Accounts 2023 and Notice of Annual General Meeting to the National Storage Mechanism. |
−4.5% |
| 11 Dec 23 | Director dealing | Director/PDMR Shareholding | |
| 11 Dec 23 | Director dealing | Director/PDMR Shareholding | |
| 11 Dec 23 | Director dealing | Director/PDMR Shareholding | |
| 30 Nov 23 | Director dealing | Director/PDMR Shareholding | |
| 23 Nov 23 | Director dealing | Director/PDMR Shareholding | |
| 17 Nov 23 | Contract Renewal with Marketforce
Smiths News renewed five-year distribution contract with Marketforce through 2029, securing 31% of magazine revenues. |
+0.0% | |
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Contract duration 5 years to 2029Magazine revenues secured 31%Total newspaper and magazine revenues 9%Cumulative revenue contracts renewed 74%
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| 08 Nov 23 | Results | Preliminary Financial Results FY2023
FY2023 results ahead of expectations with revenue flat, profit up, and net debt substantially reduced. |
−1.4% |
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ahead of full year market expectations expectations Revenue £1,091.9m (£1,089.3m)Adjusted Operating Profit £38.8m (£38.1m)Adjusted Profit Before Tax £32.3m (£31.1m)Bank Net Debt £4.2m (£14.2m)Free Cash Flow £21.8m (£48.2m)Adjusted EPS 10.8p (10.8p)
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| 30 Oct 23 | Presentation via Investor Meet Company
Smiths News to present audited preliminary results for 52 weeks ended 26 August 2023 via Investor Meet Company. |
+0.6% | |
| 18 Oct 23 | Notice of Preliminary Results
Smiths News to announce preliminary results for 52-week period ended 26 August 2023 on 8 November 2023. |
+4.3% | |
| 17 Oct 23 | Extension of News UK Contract to London Areas
Smiths News awarded exclusive distribution of News UK titles across London areas, adding £27m annual sales value. |
+1.2% | |
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Annual sales value of new London contract £27mNumber of London retailers in scope c.2,500Contract term through to 2029
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| 04 Oct 23 | Trading update | Post Close Trading Statement
H2 FY2023 Adjusted Operating Profit expected in line with £38.3m market expectations, revenue up 0.2%. |
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in line expectations Adjusted Operating Profit FY2023 at least £38.3mRevenue growth 0.2%Final dividend per share no less than 2.7pTotal dividends for year £10m
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Company filings. Not investment advice.