- Business
- Smiths News plc (Ticker: SMWPY) is the United Kingdom's largest newspaper and magazine wholesaler, holding a 55% market share and distributing newspapers, magazines, books, consumables, and collectables to over 22,400 retail outlets across England and Wales. The company provides a comprehensive range of early morning end-to-end supply chain solutions, including print media distribution characterized by time-sensitive high-density deliveries; final mile delivery through 35 distribution centres and a hub-and-spoke network of 34 depots; warehousing and storage services; customer services handling approximately 60,000 calls and 7,500 emails monthly; returns processing and recycling via Smiths News Recycle, achieving 99% recycling of unsold newspapers and magazines; category management for over 3,000 product lines; in-store merchandising, field sales, and stock auditing; Smiths News Marketplace; and logistics solutions for publishers, printers, hauliers, retailers, and consumers. It operates through ancillary businesses such as DMD for printed and digital media to airlines and travel points; Instore for merchandising, marketing, supply chain auditing, and compliance; and Martin Lavell for corporate and public sector news distribution.
Founded with over 200 years of heritage and incorporated in 2004 as Connect Group PLC—rebranded to Smiths News plc in November 2020—the company is headquartered at Rowan House, Cherry Orchard North, Kembrey Park, Swindon, SN2 8UH, United Kingdom, and employs over 1,400 people. Smiths News primarily serves diverse retailers including superstores, travel outlets, convenience shops, airports, and corporate clients, leveraging long-standing relationships with major UK publishers for daily seven-day deliveries before 6:30 a.m. and flexible final mile collections via an extensive network of contractors.
In its fiscal year ended August 30, 2025, Smiths News reported adjusted operating profit of £39.1 million, exceeding market expectations, driven by resilient news and magazine volumes bolstered by collectables demand such as Pokémon's 30th anniversary and 2026 Men's Football World Cup products, alongside operational efficiencies and cost savings. Growth verticals expanded revenues by 16%, including momentum in Smiths News Recycle with 5% customer uptake increase and recruitment of a new managing director from a leading waste recycling firm to drive roll-out across 900 routes and trials in Liverpool and Stoke; ongoing trials of other non-core initiatives; and planned £2.0 million annual internal investments through FY2027 to enhance core capabilities. Free cash flow improved to £36.1 million from £7.3 million, supporting shareholder returns including a 7.15p dividend per share, with revenue reaching £1,103.7 million.