28th Mar 2025 13:24
Smiths News PLC - Swindon, England-based newspaper and magazine distributor - Confirms a "solid" trading performance in the 26 weeks that ended March 1, and says it remains on track to deliver results for the year ending on August 30 in line with market expectations. It cites a company-compiled consensus of GBP33.3 million in adjusted pretax profit for financial 2025, against GBP33.2 million in financial 2024. To date, Smiths News has won long-term contracts covering 91% of its newspaper and magazine revenues through to at least 2029, "providing a solid foundation to support its medium-term growth ambitions".
Smiths News will release its half-year results on May 7.
Current stock price: 53.00 pence, down 1.1% in London on Friday afternoon
12-month change: up 11%
By Emily Parsons, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Smiths News