Smiths News declares special dividend after profit surge Business Smiths News exceeded its profit expectations during its financial year, leading the UK-based wholesaler to announce a special dividend for its shareholders. According to its full-year results, the company’s revenue for the year ending 31 August 2024, reached £1.1bn, a 1.1 per cent uptick from last year. During that time, its adjusted operating profit also [...]
Smiths News: Distributor’s revenue ticks up after Euros boost Retail Leading UK newspaper distributor Smiths News has reported a “resilient” trading performance despite the long-term decline of demand for newspapers. Revenue at the company grew by 1.1 per cent in the 53 weeks to 31 August. The full-year result was despite a revenue drop of two per cent in the first half of the year. Its [...]
Smiths News unlocks higher dividends with new loan deal despite profit slump Media Smiths News delivers newspapers and magazines for national and regional publishers to around 23,000 customers everyday.
