Smiths News plc

CNCT

GB00B17WCR61

Consumer Publishing

Market Closed - London S.E. Other stock markets 11:35:29 2024-05-17 am EDT			5-day change	1st Jan Change
65.6 ^GBX	+1.55%		+5.81%	+22.85%

May. 02	Smiths News to Seek Potential Bolt-On Acquisitions	CI
May. 02	Transcript : Smiths News plc, H1 2024 Earnings Call, May 02, 2024

Smiths News to Seek Potential Bolt-On Acquisitions

May 02, 2024 at 07:00 am EDT

Smiths News plc (LSE:SNWS) will look at potential bolt-on acquisitions. Paul Baker, Chief Financial Officer said "As part of our strategic plan to build on our organic growth platforms, we will look at potential bolt-on acquisitions. But as in 2023, when we walked away from a potential deal, we will be disciplined and seek clear accretive returns.

Importantly, the new financing facility enables the Board to implement the previously stated 2x cover policy for dividends. The removal of the distribution capital also allows the Board to consider further capital returns to shareholders".

Latest news about Smiths News plc

Smiths News to Seek Potential Bolt-On Acquisitions	May. 02	CI
Transcript : Smiths News plc, H1 2024 Earnings Call, May 02, 2024	May. 02
EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises	May. 02	AN
FTSE 100 up as Powell keeps lid on hawkishness	May. 02	AN
Smiths News plc Announces Refinancing Agreement	May. 02	CI
Smiths News plc Proposes Interim Dividend for 26 Weeks to 24 February 2024, Payable on 4 July 2024	May. 02	CI
Smiths News plc Reports Earnings Results for the Half Year Ended February 24, 2024	May. 02	CI
Stocks mixed hours before expected US Fed hold	Jan. 31	AN
FTSE 100 flat ahead of Federal Reserve decision	Jan. 31	AN
Smiths News set to meet full-year expectations as contracts secured	Jan. 31	AN
Smiths News in line with expectations	Jan. 31	AN
Mears to outperform market expectations	Jan. 11	AN
Smiths News extends contract with Marketforce by five years	Nov. 17	AN
Smiths News inks deal, Record profit falls	Nov. 17	AN
Smiths News plc Secures New Five Year Contract with the Marketforce (Uk) Limited	Nov. 17	CI
Transcript : Smiths News plc, 2023 Earnings Call, Nov 08, 2023	Nov. 08
Smiths News maintains dividend as annual profit climbs; growth-focused	Nov. 08	AN
Transcript : Smiths News plc, 2023 Earnings Call, Nov 08, 2023	Nov. 08
Smiths News plc Proposes Final Dividend, Payable on 8 February 2024	Nov. 08	CI
Smiths News plc Reports Earnings Results for the Full Year Ended August 26, 2023	Nov. 08	CI
Smiths News announces distribution contract extension with News UK	23-10-17	AN
Smiths News plc Announces Extension of News Uk Contract to London Areas	23-10-17	CI
Greencore shares up on sunny outlook	23-10-10	AN
Smiths News eyes annual profit and revenue rise, boosted by pricing	23-10-04	AN
Smiths News plc Provides Trading Guidance for the Second Half of Fiscal Year 2023	23-10-04	CI

Chart Smiths News plc

Duration

Period

More charts

Company Profile

Smiths News plc is United Kingdom-based wholesaler of newspapers and magazines. The Smiths News segment include Smiths News Core, Dawson Media Direct (DMD), Instore and Other businesses. Smiths News Core is a distributor of newspapers and magazines to retailers across England and Wales. DMD supplies newspapers, magazines and inflight entertainment to airlines and travel points in the United Kingdom. Instore supplies field marketing services to retailers and suppliers across the United Kingdom. Other businesses include several ancillary businesses, which are adjacent to Smiths News. Its core services include newspaper and magazine deliveries, collecting and processing returns, managing retail ranges, and providing market insight to forecast demand and minimize waste. The Company distributes a range of print media from large general retailers to smaller independent newsagents. It serves approximately 24,000 retailers from superstores to corner shops.

Sector

Consumer Publishing

Calendar

2024-06-05 - Ex-dividend day for dividende intermédiaire

More about the company