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Sparks commentary - Smiths News

Industrials

Sparks - Smiths News

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Smiths News (LSE: SNWS) – FY25 operating profit ahead of expectations and capital allocation update set.
Published by Andy Murphy

Smiths News traded well in H225 due to strong core business and collectables demand and a continued focus of cost efficiencies. The company now expects FY25 operating profit to be slightly ahead of market expectations. Furthermore, it has received a final £2.0m dividend from the administrators of McColl’s Retail Group. No further dividends are expected in future relating to this matter. Smiths will provide an update on its capital allocation policy at its FY25 results in November, along with an update on its growth initiatives.

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