Smith News: As we move into FY2026, the business continues to perform well

Smiths News has announced that following strong trading in the second half of the 52-week period ended 30 August 2025 (“FY2025”), adjusted operating profit for FY2025 is now expected to be slightly ahead of current market expectations. This positive performance has been driven by the news and magazines business, which has been bolstered by strong demand for collectables, and continued focus on operational efficiencies, delivering cost-savings in line with expectations.

The Company is also pleased to announce it has received a final £2.0 million dividend from the administrators of McColl’s Retail Group.  No further dividends are expected to be received in relation to this matter.

In line with the Group’s capital allocation policy, the Board continues to consider investment in its core capabilities, potential adjacent market opportunities and further shareholder returns. The Group expects to provide an update on capital allocation and progress with its growth initiatives at full year results in November 2025.

Jonathan Bunting, Chief Executive Officer, commented: “The Group’s performance in FY2025 reflects the continued dedication and strategic discipline of our team, maintaining a clear focus on the news and magazines business, whilst extending our market reach in a targeted and sustainable manner.

 “As we move into FY2026, the business continues to perform well, and I look forward to sharing a more detailed update on our progress at the Company’s full year results in November.”