Sparks commentary - Smiths News

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Sparks - Smiths News

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Smiths News (LSE: SNWS) signs another long-term distribution contract
Published by Andy Murphy

Smiths News has secured a long-term distribution contract in its current territories in the UK with the Financial Times. This is the latest in a series of contract wins that implies that c 75% of Smiths News’ current newspaper and magazine revenues are now under long-term agreements. Previous announcements relating to similar contract wins stated that revenue was secured through to 2029. Other discussions are ongoing and the company is confident in making similar announcements in due course.

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