Smiths News

SNWS · Main Market · Industrial Goods and Services · mcap £180m · 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.

Key announcements Monitoring checked today, 09:35

All · 73 Key · 34

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 £3m FIFA World Cup contribution and new distribution contracts.	+4.4%
		ahead expectations FIFA World Cup contribution over £3mMarket expectation for adjusted operating profit FY2026 £37.2m
17 Jul 26		National Contract Awards - Frontline and Seymour Smiths News secures long-term contracts with Frontline and Seymour covering expanded territories from April 2030.	+4.5%
		Incremental revenue uplift c.£105m per annumContract term extension through to April 2037Market coverage over 60% of UK magazine market
29 Jun 26		National Contract Win - ANL Smiths News secured long-term contract with Associated Newspapers to distribute Daily Mail, Mail on Sunday and i Paper nationally from January 2028.	+3.8%
		Incremental revenue uplift from expanded territories c.£105m per annum from January 2028Combined market coverage c.36% of national newspapers and magazines market from January 2028Contract term extension through to July 2037
17 Jun 26		Contract Win - National Distribution Smiths News secures transformational long-term contract with News UK extending to July 2037 with national distribution expansion.	+9.8%
		Incremental revenue uplift from July 2027 c.£125m per annumContract extension term through to July 2037Dividend guidance FY2026 5.2p per shareDividend guidance FY2027 5.2p per share
06 May 26	Results	Interim Results as at 28 February 2026 H1 2026 revenue £515.7m down 3.9%, adjusted operating profit £18.3m, interim dividend 1.75p maintained.	+2.5%
		in line with market expectations 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)
19 Mar 26		Contract Renewal with The Guardian Smiths News renewed long-term contract with The Guardian through 2031 covering all UK distribution territories.	−1.2%
		Contracts secured through to 2029 over 96% of newspaper and magazine revenuesGuardian contract duration through to 2031
23 Feb 26		Statement re Tuffnells Parcels Express Pension Pensions Regulator issues Warning Notice regarding potential Financial Support Direction for Tuffnells Parcels Express pension scheme.	−4.2%
		Section 75 debt of Tuffnells Scheme £3,467,000
29 Jan 26	Trading update	Trading Statement Trading in line with market expectations; final and special dividends of 6.8p per share approved.	+0.3%
		in line expectations Final dividend FY2025 3.8p per shareSpecial dividend FY2025 3.0p per shareTotal dividend FY2025 8.55p per share
04 Nov 25	Results	Final Results FY2025 adjusted operating profit £39.1m in line with prior year, ahead of market expectations, with ordinary and special dividends increased.	+4.1%
		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 (52-week basis))Bank net cash £3.3m ((£11.0m) net debt)Ordinary dividend per share 5.55p (5.15p)
23 Sep 25	Trading update	Trading Statement FY2025 adjusted operating profit expected slightly ahead of £37.2m market expectations, driven by news and magazines and cost savings.	+1.7%
		ahead expectations FY2025 adjusted operating profit slightly ahead of £37.2m (£37.2m market expectation)McColl's Retail Group final dividend received £2.0m
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%
		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)
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%
		in line expectations Newspaper and magazine revenues under long-term contract 91%
04 Mar 25	Board change	Directorate Change Chief Financial Officer Paul Baker to step down; replacement search to commence.	−2.5%
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%
		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)
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%
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%
		Annual revenues from Reach contract c.£160m p.a.Percentage of newspaper and magazine revenues secured long-term 91%
08 Nov 24		Investor Event Smiths News CEO and CFO to present at investor webinar on 11 November 2024.	+1.7%
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%
		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
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%
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%
		in line expectations Adjusted Operating Profit FY2024 at least £38.2mRevenue growth 1.1%Cost savings delivered £5.6m
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%
		Contracted revenues as percentage of current newspaper and magazine revenues 75%
02 May 24		Refinancing Agreement Smiths News refinanced £40m revolving credit facility with improved terms and removed dividend cap.	+3.0%
		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
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%
		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)
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
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%
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%
		Contract duration 5 years to 2029Magazine revenues secured 31%Total newspaper and magazine revenues 9%Cumulative revenue contracts renewed 74%
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%
		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)
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%
		Annual sales value of new London contract £27mNumber of London retailers in scope c.2,500Contract term through to 2029
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%.
		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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