Smiths News (SNWS) Trading update summary

Trading performance and outlook

• Trading for the year ending 29 August 2026 remains in line with market expectations, reflecting strong performance since the start of the year.

• Strategy focuses on maintaining shareholder returns while developing new revenue streams leveraging existing capabilities and networks.

• Progress continues in broadening market reach and maintaining high service standards in newspaper and magazine distribution.

Dividend announcements

• A final dividend of 3.8p and a special dividend of 3.0p per share will be paid on 5 February 2026, subject to AGM approval.

• Total dividend for FY2025 will be 8.55p per ordinary share.

Strategic initiatives and service expansion

• Service capabilities have expanded into new verticals, including waste recycling, books, and home entertainment delivery.

• Focus remains on leveraging high-density UK delivery network and expertise in warehousing and reverse logistics.

• Commitment to best-in-class service and exploring further growth opportunities based on a strong operational foundation.