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.

Target	Promise	Said	Status
2024
FY2024	Organic growth ventures to generate £2.0m profit in FY2024.	2 May 2024	… In progress
	“expected to generate £2.0m of profit in FY2024 versus £0.7m in FY2023” Status so far Not yet due.
2026
FY2026	Deliver over £4m of operational efficiencies in FY2026.	6 May 2026	… In progress
	“On track to deliver in excess of £4m of operational efficiencies in FY2026” Status so far Not yet due.
Today · 11 Oct 2026
4 Nov 2026	Give further guidance on the financial effects of all four contracts by 4 November 2026.	29 Jun 2026	… In progress
	“The Board expects to provide further guidance on the financial effects of all contracts in due course and, in any case, at the time of its preliminary financial results on 4 November 2026.” Also stated 17 Jul 2026 Status so far Not yet due.
H2 2026	Start fleet-wide transport management system implementation in H2 2026.	6 May 2026	… In progress
	“fleet-wide transport management system implementation scheduled to commence in H2 2026” Status so far Not yet due.
2027
2027	Raise capital investment by about £2.0m a year over three years, to £6.0m a year.	2 May 2024	… In progress
	“increased investment in the business by approximately £2.0m per annum over that period to £6.0m per annum” Also stated 7 May 2025 Status so far Not yet due.
2027	Manju Malhotra to succeed Mark Whiteling as Audit Committee chair by the 2027 AGM.	7 Jan 2025	… In progress
	“It expected that Ms Malhotra (as chair-designate of the Audit Committee) will succeed Mr Whiteling in due course.” Status so far Not yet due.
2028
FY2028	Network expansion to add to earnings from FY2028.	17 Jun 2026	… In progress
	“be accretive to earnings from FY2028 onwards” Status so far Not yet due.
2028-01	Establish an expanded national distribution footprint, first go-live July 2027, for the News UK and ANL contracts.	17 Jun 2026	… In progress
	“begun its transformational programme to establish a national distribution footprint to service the new contract wins announced in H2 FY2026, ahead of the first go-live in July 2027” Also stated 29 Jun 2026 · 29 Sep 2026 Status so far Not yet due.
2037
2037-07	Freeze retailer delivery service charges for the life of the contracts, to 2037.	17 Jun 2026	… In progress
	“The extension also supports retailers through the freezing of delivery service charges for the life of the Contract” Also stated 29 Jun 2026 Status so far Not yet due.