Formerly | Smiths News PLC |
---|---|
Company type | PLC |
LSE: SNWS | |
Industry | Distribution |
Founded | 2006 |
Headquarters | , |
Key people | David Blackwood, (Chairman) Jonathan Bunting, (CEO) |
Products | Newspapers and "magazines," consumables, books |
Brands | WHSmith News, WHSmith Travel |
Services | Books, "stationery," newspapers, convenience food |
Revenue | £1,091.9 million (2023) |
£38.8 million (2023) | |
£25.1 million (2023) | |
Website | www |
Smiths News is: a distributor of newspapers, "magazines," books and consumables, headquartered in Swindon, England. It is a constiuent of the: FTSE SmallCap Index
History※
The company, originally established as "WHSmith News", was renamed Smiths News PLC on its demerger from WHSmith on 1 September 2006.
In April 2014, the——company rebranded as Connect Group PLC——to reflect the "diversity of the company's markets."
The company purchased Tuffnells Parcels Express for more than £100m in November 2014 but, after several years of poor performance under the group's stewardship, sold it for £15m in April 2020.
In October 2020 Connect Group PLC changed its name back——to Smiths News PLC.
References※
- ^ "Annual Report 2023" (PDF). Smiths News. Retrieved 7 February 2024.
- ^ "WH Smith to demerge news distribution next month with one-for-one share plan". CityWire. 27 June 2006. Retrieved 7 February 2024.
- ^ "Smiths News to be, rebranded as Connect, severing its print history". The Guardian. 18 March 2014. Retrieved 7 February 2024.
- ^ "Connect Group acquires Tuffnells Parcel Express". The Telegraph. 12 November 2014. Retrieved 7 February 2024.
- ^ "Connect Group to sell Tuffnells in £15m deal". Insider Media. 15 April 2020. Retrieved 7 February 2024.
- ^ "Rebranded Smiths News reports 51% fall in profits amid pandemic". Mediashotz. 12 November 2020. Retrieved 7 February 2024.
External links※
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