Smiths News
SNWS · Main Market · Industrial Goods and Services · mcap £195m · 80.6p 3 open situations →
- EV
- £180m
- EV / EBIT
- 4.6x
- Net cash
- £10.5m
- FCF yield
- 23.4%
- Revenue
- £1.0bn
- Cash returned
- 10.8%
- Share price 1y
- +28%
- Insiders 12m
- bought £30k
- Next report
- 4 Nov ●
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.
Timeline · every situation
dots = announcementsOpen · 3
Transformational contract / build-out◷ in 8 days
News UK national distribution network expansion
Fifth contract won; footprint build continues
Next: Further guidance on financial effects of all contracts at preliminary results · 4 Nov 2026
- 15 Oct 2026 Fifth contract won; footprint build continues
- 29 Sep 2026 Build programme started; first go-live July 2027
- 17 Jul 2026 Four national contracts signed; footprint still to be built
- 29 Jun 2026 Second contract signed; footprint to be built
Upgrade / downgrade cycle
Profit upgrade
guidance raised · second in 12 months
Smiths News raised its guidance on 29 Sep 2026; the shares moved +4% on the day. It is the second such statement in 12 months.
- 29 Sep 2026 guidance raised · +4% on the day
Legal & regulatory
tPR Tuffnells pension scheme FSD proceedings
Warning Notice received; FSD under consideration
Next: Board submissions to tPR, then Determinations Panel decision on any FSD
- 23 Feb 2026 Warning Notice received; FSD under consideration
Closed · 5
Company filings. Not investment advice.