Smiths News PLC | |
Former Name: | Smiths News PLC |
Type: | PLC |
Industry: | Distribution |
Founded: | 2006 |
Founders: | --> |
Hq Location City: | Swindon |
Hq Location Country: | United Kingdom |
Areas Served: | --> |
Key People: | David Blackwood, (Chairman) Jonathan Bunting, (CEO) |
Products: | Newspapers and magazines, consumables, books |
Revenue: | £1,091.9 million (2023)[1] |
Operating Income: | £38.8 million (2023) |
Net Income: | £25.1 million (2023) |
Brands: | WHSmith News, WHSmith Travel |
Services: | Books, stationery, newspapers, convenience food |
Smiths News is a distributor of newspapers, magazines, books and consumables, headquartered in Swindon, England. It is a constiuent of the FTSE SmallCap Index
The company, originally established as "WHSmith News", was renamed Smiths News PLC on its demerger from WHSmith on 1 September 2006.[2]
In April 2014, the company rebranded as Connect Group PLC to reflect the diversity of the company's markets.[3]
The company purchased Tuffnells Parcels Express for more than £100m in November 2014[4] but, after several years of poor performance under the group's stewardship, sold it for £15m in April 2020.[5]
In October 2020 Connect Group PLC changed its name back to Smiths News PLC.[6]