Smiths News (SNWS) Trading Update summary

Trading performance and outlook

• Solid trading performance reported for H1 2025, with results on track to meet full-year market expectations.

• Long-term contracts now cover 91% of newspaper and magazine revenues through at least 2029, supporting medium-term growth ambitions.

• Market-leading early-morning, end-to-end supply chain capabilities continue to be maximized.

Upcoming results and investor engagement

• Half-year results for the period ended 1 March 2025 will be announced on 7 May 2025.

• Analyst and investor presentations are scheduled for 7 May 2025, with opportunities for Q&A and online participation.

Business overview

• Smiths News distributes newspapers and magazines to about 22,500 customers daily across England and Wales.

• The company has over 200 years of experience and is critical to one of the world's fastest physical supply chains.