I bought into these on January 3rd for the dividend. Probably boring to a lot on investors, but with a yield of 9.3%, they are worth a look for income seekers.

The Smiths News Group operates in distinct but complementary markets; newspaper and magazine wholesaling, Smiths News, book wholesaling, Bertrams and education supplies, The Consortium.

Smiths News is the UK’s leading newspaper and magazine wholesaler. The company distributes newspapers and magazines on behalf of national publishers as well as a number of regional publishers. It serves approximately 30,000 retailers across England and Wales, supplying large general retailers as well as smaller independent newsagents.

Company Website

Financial Calendar

Recent Broker notes

BarChart Indicators

Recent Market news

Smiths News Fundamentals

Agm - today.

Result of 2012 Annual General Meeting

Still looking good here.

Another good day for this "boring" yielder".

Greetings skinny,
I have been holding NWS for over 3 years, but I couldn't be bothered to start a thread on here - too lazy. It would be good to get these back up to around the 120 mark, but I don't think the market will stand for that until they can see where future growth is coming from. It will all be down to the next big acquisition.

PS. I first bought into these at 78.25p and those shares are currently delivering a yield of 10.15% - which is nice.

Lord Gnome - another overlooked yielder - but I guess that's down to the demographics of this BB.

I bought @82.23 On Jan 3rd for the dividend (due tomorrow), so its nice to also be sitting on a 15%+ gain.

Like many shares atm, its looking over bought - the next few days should be interesting (here and generally).

Just closed here @96.05 - I hope to buy back a bit lower. Good luck Lord Gnome.

Taking a chance there skinny, although it does look a bit 'toppy'. May not break 100 this time around, but that was one hell of a ride up. Good timing on your part and a very profitable trade.

Smiths News PLC

New opening of the Birmingham depot

Smiths News PLC, the UK's leading wholesaler of newspapers, magazines and books, is pleased to announce that it has opened a new depot in Birmingham.

The new Birmingham depot is the most significant network change within Smiths News over the last 12 months. This purpose built 55,000 sq ft. depot will amalgamate the operations of Birmingham, Redditch and Coventry as well as expanding its capacity further to take in additional operations.

The new facility will employ 160 staff picking circa 2.2 million newspapers and 1.1 million magazines per week. The Birmingham depot will also utilise 100 delivery contractors and supply product to over 2,000 retailers.


Mark Cashmore, Chief Executive of Smith News PLC commented:

"Once fully operational the new Birmingham depot will be a world class facility, capable of the highest standards of service and efficiency. The investment further demonstrates our industry leadership and commitment to the long term future of the newspaper and magazine supply chain."

Interim Results.

Operating highlights:
· Delivered another strong financial performance
o Underlying PBT of £21.5m, up 12.0%
o Generated free cash flow of £6.0m
· Continued resilience in the core business
o Smiths News underlying operating profit up 5%
o Bertram Group operating profit up 33% benefiting from Dawson's initial contribution
· Dawson integration delivering synergy and cost savings targets
o Profitability of acquired businesses on track
o On track to deliver £2.5m integration efficiencies in FY2012
· Strong shareholder returns:
o Underlying EPS(2) of 8.9p, up 14%
o Declared interim dividend of 2.8p up 8%
· On track to meet full year market expectations
· Acquisition of The Consortium for enterprise value ("EV") of £44m
o A leading distributor of education and care products
o Adding £64m of revenue and £7.0m EBITDA to the Group
o Immediately earnings enhancing.

Looks like I've missed my chance this time - ex dividend (2.8p) on 9th May.

Oriel Securities Upgrade Buy TP increased from 80p to 120p

JP Morgan Cazenove reiterates it's Overweight

Acquisition

Smiths News PLC ('Smiths News'), the UK's leading wholesaler of newspapers, magazines and books, is pleased to announce its wholly owned book wholesaling business Bertram Books ('Bertrams'), has acquired Houtschild Internationale Boekhandel B.V. ('Houtschild') from Blackwell UK Ltd for a net consideration of €0.7 million satisfied in cash via its subsidiary Dawson Books Ltd ('Dawsons').

Houtschild, based in the Netherlands, is a leading supplier of books and journals into both academic libraries and Government Institutions across Northern Europe and is very well regarded by a loyal customer base. In the year ended 30 June 2011, Houtschild generated revenues of €4.9 million.

The acquisition provides additional scale, infrastructure and expertise as well as greater access to key customers and geographies which is consistent with our stated international expansion strategy. We believe the combination will deliver synergy benefits once the integration process is complete.

This acquisition will also further facilitate Dawsons' digital expansion outside of the UK. Its integrated offer of physical and digital books will be an important competitive differentiator in driving medium term sales growth in the region.

The transaction will be immediately earnings accretive. It demonstrates Smiths News' ability to grow organically whilst capitalising on strategic bolt-on opportunities and generating additional shareholder value.


Mark Cashmore, Chief Executive Officer of Smiths News PLC, said:
"We are delighted to have completed this acquisition, which is an excellent addition to our books business. Houtschild represents a clear international strategic step for Bertrams consistent with our stated aim. The Group will benefit from synergies, an increase in scale and a stronger sales presence in Northern Europe, as well as accelerating the digital platform roll out."

Interim Management Statement.

The Group remains on track to deliver strong growth in profits for the year ended 31 August 2012. As a result, we expect underlying profit before tax to be at the top end of market range.

Total Group revenues for the 44 weeks to 7 July increased 3.3% year on year, boosted by contributions from the Dawson businesses, acquired in August 2011 and The Consortium. The performance of each sector is as follows:

· Smiths News revenues declined by 2.6% and by 4.1% on a like for like basis. Cover price increases continue to support newspaper performance largely offsetting volume declines with magazine performance in line with expectation.

· Bertram revenues increased 32.5%, including Dawson Books, and by 4.3% on a like for like basis. Both UK Wholesale and International are trading marginally above last year with Library Services continuing to trade well above last year.

· Media and Marketing revenues increased by 6.7% on a total basis and 8.6% on a like for like basis.

· The Consortium has traded in line with management expectations with revenues for the 11 weeks post acquisition 7.2% above last year. Integration of West Mercia Supplies business is also progressing well.

Net debt at 30 June was higher than at 28 February 2012 as a result of the £38m acquisition of The Consortium. The Group continues to operate well within its bank facilities.

The Group will announce its preliminary results for the year ending 31 August 2012 on 16 October 2012.

12 month high today @118p

L&G (From 4% to 3%)

On close inspection its from 7,341,843 to 7,331,327 @10,500

Share price still moving up ahead of upcoming results. That chart is now a thing of beauty.

Yes - I sold far to early!

Preliminary Results

2012 HIGHLIGHTS:

· Performance ahead of market expectations with underlying profit before tax up 23%

· Significant momentum on diversification strategy

o Acquisition of The Consortium giving access to growing markets

o 28% of proforma(6) profits from outside of newspaper and magazine wholesaling

· Growth and progress across the business

o Secured £200m revenue per annum from the News International Contract to 2019

o Strong performance from international and digital books markets

· Excellent performance on cost savings and efficiencies

o £5m efficiencies delivered from Smiths News with a further £20m expected by 2015

o £2.5m year 1 synergies from integration of Dawson Holdings

· Continuing to enhance shareholder value

o EPS of 19.9p up 28%

o Full year dividend of 8.6p up 7.5%

N+1 Singer Upgrades to Buy TP 135p

Oriel Securities reiterates its Buy TP 200p

Liberum Capital Retains its Buy TP 155p

Some variety in the TPs there skinny. 155 or anything north would be nice :-)

Hi Lord Gnome - I never did get around to buying these back - I even hesitated this morning on the retrace at 136p!

It is very difficult to bite the bullet and buy back a share for more than you sold it, skinny. It is almost impossible to remove the emotion from the decision. I have done it and kicked myself for the profit I missed while I was out of the stock.
These are now LTBH for me - for the foreseeable future anyway. My running average yield is now 9.575%. I see a good few years of growth in profits, dividends - and share price!

It wasn't the 1st time and it certainly wont be the last - I will,buy back at some point - meanwhile enjoy your profits.

Superb chart since July.

Up 50%+ in just 4 months is a bit special by anyone's reckoning. I think we may mark time at around 150, but my target for next year is to see 180 at some point.

I'm out today. It was a really hard decision to make, as it's a great dividend payer, and seems to be on a fantastic momentum ride, but I've banked a 70% profit, and I'm happy with that :)

New high today @163p

Still some left in the tank, skinny.

sp taking a hit today?

Unfortunately, I had a limit order @150!

Interim Management Statement

The Group remains on track to deliver strong growth in underlying profit before tax for the year to 31 August 2013, in line with market consensus.

Total Group revenues increased 2.0% year on year, boosted by contribution from the acquisition of The Consortium in April 2012. The performance of each business unit is as follows;

· Smiths News total revenues declined by 1.9% and by 4.7% on a like for like basis.
Both newspaper and magazine performance is broadly in line with recent run rates and with expectations.

· Bertrams total revenues increased by 4.4% and by 1.5% on a like for like basis.
UK wholesale print revenues were broadly in line with last year, combined UK public and academic library revenues were marginally down, international revenues were up and digital revenues continued to grow strongly.

· The Consortium total revenues increased by 5.0% and by 5.1% on a like for like basis.

Education performed strongly.

· Media and Marketing total revenues declined by1.5% and increased by 0.5%on a like for like basis.

There has been no change in the underlying financial condition of the Group since the year ended 31 August 2012 and the Group continues to operate well within its bank facilities.

The Group will announce its interim results for the six months ending 28 February 2013 on 17 April 2013.

Looks like your buy was right on the money, Skinny.

Yes - a pity about the big gap between there and where I last sold!

Acquisition and expansion of books division

Acquisition and expansion of books division

· Acquisition continues to strengthen Bertrams international presence
· Enlarged operational footprint in Northern Europe

Smiths News PLC ("the Group"), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, is pleased to announce its wholly owned book business Bertram Books ('Bertrams'), has acquired Erasmus Antiquariaat en Boekhandel B.V. ('Erasmus') from Tschenett Beheer B.V. for a net consideration of €1.5m satisfied in cash via a subsidiary Dawson Books Ltd.

Erasmus, based in the Netherlands, is a leading supplier of high quality books and journals into both academic libraries and Government Institutions mainly across Northern Europe. In the year ended 31 December 2012, Erasmus generated revenues of €15m.

The acquisition brings a complementary customer base to Bertrams with strong penetration in France, Germany and Switzerland. Following the successful acquisition of Houtschild in June 2012, Bertrams continues to pursue its stated international expansion programme, now having market leading positions in several key European territories. The Erasmus transaction will also see entry into the U.S market and increases total international sales to £50 million on a pro forma basis1.
The acquisition is expected to be earnings neutral in FY13, adding an incremental £0.4m in FY14.

I'm warming to this one.

Smiths News PLC, the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, will be announcing its interim results for the six months ended 28 February 2013 on Wednesday 17 April 2013.

New highs today on a day when the market has turned turtle. Technicals all looking benign. Two quid now on the horizon. More please.

Interims due on Wednesday. I don't think they will disappoint. A decent outlook statement and another divi increase could push these nearer to my £2 target.

Interim Results

Highlights:
· Strong financial performance with underlying PBT up 16%, including the impact of acquisitions
· Continued strong shareholder returns
- Underlying EPS of 10.3p up 16%
- Interim dividend of 3.0p up 7%
· Strategic targets on track
- Profit growth in all four divisions
- 27% of profits outside of newspaper and magazine wholesaling (H112: 17%)
- Smiths News:
§ Contract renewals worth over £350m revenue pa to 2019
§ Ongoing efficiencies reduce cost base by £4m
- Bertrams:
§ Growing addressable markets through launch of direct to consumer proposition
§ Acquired £20m of academic revenues to consolidate European leadership
- The Consortium:
§ Performing to expectations with WMS integration on track
Investing in multi-channel offer to increase revenue growth
· On track to meet full year market expectations

Acquisition and expansion of books division

Smiths News PLC ("the Group"), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, is pleased to announce its wholly owned book business Bertram Books ('Bertrams'), has agreed to acquire certain European and African academic library services contracts from Blackwell UK Limited. The acquisition is expected to be formally completed on 20 May 2013 and the net consideration of up to £2.1 million will be satisfied in cash via its subsidiary Dawson Books Ltd.

The acquisition further strengthens Bertrams' established international footprint and brings with it a complementary customer base with a strong presence in Germany, France and South Africa. The high quality contracts being acquired as part of the transaction generate revenues of £10.5 million at FY12 levels increasing Bertrams' total international sales to £60 million on a pro forma basis1.

The acquisition will be earnings neutral in FY13, adding an incremental £0.7 million in FY14.

Contract Extension with Telegraph Media Group

Smiths News agrees five year contract extension with Telegraph Media Group
New contract secures c£137m of annual revenues


Smiths News PLC ('Smiths News'), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, is pleased to announce it has reached agreement with Telegraph Media Group to extend their newspaper wholesaling agreement until October 2019.

This new agreement secures 63% market share of Telegraph Media Group's newspaper distribution business for an additional five years.

The contract is valued at c£137m pa (at FY12 values) equating to 15% of the national newspaper distribution market. Telegraph Media Group publishes The Daily Telegraph and Sunday Telegraph. Smiths News has now secured revenues through to 2019 equating to 32% of total sales.

INTERIM MANAGEMENT STATEMENT AND CONTRACT RENEWALS

Smiths News PLC, the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading specialist distributor of consumable products to the education market, is today issuing its Interim Management Statement covering the 44 week period to 6 July 2013.

The Group remains on track to deliver strong growth in profit before tax for the year to 31 August 2013, in line with market consensus.

The Group is also pleased to announce today it has reached agreement with Associated Newspapers Ltd to extend their newspaper wholesaling agreement until October 2021 and separately it has also reached agreement with COMAG to extend their magazine wholesaling agreement until December 2020.

These new agreements secure the current market share of both Associated Newspapers' newspaper distribution business and COMAG's magazine distribution business for an additional five years.

The Associated Newspapers Ltd contract is valued at c£213m pa (at FY12 values) equating to 23% of the national newspaper distribution market. Associated Newspapers publishes The Daily Mail and Mail on Sunday.

The COMAG contract is valued at c£109m pa (at FY12 values) equating to 19% of the national magazine distribution market. COMAG distributes magazines on behalf of many magazine publishers including Hearst Magazines UK and Conde Nast and publications including Cosmopolitan, Good Housekeeping, Glamour, Vogue and GQ.

Smiths News has now secured c£800m of revenues through to 2019 and beyond equating to 53% of total sales.

There has been no change in the financial condition of the Group since the half year ended 28 February 2013 and the Group continues to operate well within its bank facilities.

The Group will announce its preliminary results for the twelve months ending 31 August 2013 on 16 October 2013.


Total Group revenues increased 0.7% year on year, boosted by the contribution from the acquisition of The Consortium in April 2012.

The sales performance of each business unit is as follows;

· Smiths News total revenues declined by 3.2% and by 4.6% on a like for like basis which remains consistent with previous medium term projections.
Both newspaper and magazine performance is also in line with recent run rates and with expectations.

· Bertrams total revenues increased by 11.2% and by 2.0% on a like for like basis.
New additional revenue from the recently launched direct to consumer offer, Wordery, continue to grow, accounting for the majority of the positive total sales increase.

· The Consortium total revenues declined 1.5% and increased by 1.4% on a like for like basis.
Care sales continue to grow strongly off-set by a weak quarter in Education. The profit of the business unit remains in line with expectations.

· Due to the disposal of MMC on 30 April 2013, Media and Marketing total revenues declined by 6.9%. DMD continues to trade in line with expectations.

N+1 Singer Buy 166.63 156.00 185.00 185.00 Upgrades

Smiths News PLC ("the Group"), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, will be announcing its Preliminary results for the year ended 31 August 2013 on Wednesday 16 October 2013.

I make that a new closing high today. More to come.

And with one mighty bound it was through the 200 level to a new closing high. Somebody out there must think the upcoming results are better than good.

Preliminary Results Announcement yr ended 31-8-13


2013 HIGHLIGHTS:
· Strong financial performance:
- Revenue growth despite challenging market conditions
- Underlying PBT £53.0m, up 11.6%
- Free cash flow £32.6m, up 19.8%
· Strategic targets progressing:
- Smiths News: 53% of revenues secured, £800m per annum,
£6.2bn total to 2019 and beyond
- Bertrams: diversifying sales mix, international sales +30.2%, digital sales +38.0%, Wordery annualised sales of £15m
- The Consortium: delivering above expected acquisition returns, pro forma(7) profits +15.3%, new management team in place
- Group: 29% of profits outside of newspaper and magazine wholesaling,
on track to achieve 50% by 2016
· Strong shareholder returns:
- Underlying EPS of 22.4p, up 12.6%
- Final dividend of 6.3p, making a full year dividend of 9.3p, up 8.1%

Liberum Capital Buy 194.00 194.00 203.00 220.00 Reiterates

A late break.

5yr contract extension with Trinity Mirror PLC

New contact secures c£143m of annual revenues

Smiths News PLC ('Smiths News'), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, is pleased to announce it has reached agreement with Trinity Mirror Newspapers to extend their newspaper wholesaling agreement until October 2019.

This new agreement secures 56% market share of Trinity Mirror's distribution business for an additional five years.

The contract is valued at c.£143m pa (at FY13 values) equating to 15% of the national newspaper distribution market. Trinity Mirror publishes The Daily Mirror, Sunday Mirror and The People along with Regional titles Newcastle Chronicle, Manchester Evening News, Liverpool Echo and Birmingham Mail. Smiths News has now secured c.£900m per annum of revenues through to 2019 equating to 63% of total sales.

I have finally parted company with my NWS. Happy to get out with a very good profit at 221.75p. There was something in the last update from MNZS that made me nervous - the read-across is obvious.

'Within Menzies Distribution poor trading conditions continue to prevail.
Magazine and newspaper volumes have tracked at the levels announced at the time
of our Interim Results. However, disappointing returns from ancillary revenues,
sticker collections and weaker than forecast seasonal sales within the
marketing services business are expected to impact the second half result.'

Interim Management Statement

The Group remains on track to deliver strong growth in underlying profit before tax for the year to 31 August 2014, in line with market expectations.

Total Group revenues decreased 0.4% year on year. The performance of each business unit is as follows;

· Smiths News total revenues declined by 2.0% and by 2.8% on a like for like basis.
Both newspaper and magazine performance is marginally above recent run rates, although full year expectations remain in line with last year's performance and prior guidance.

· Bertrams total revenues increased by 9.7% and decreased by 0.4% on a like for like basis.
Total revenues are being driven by recent acquisitions, with like for like revenues favourably impacted by the continued growth in Wordery, which is being offset by decreases in international and libraries revenues.

· The Consortium total revenues increased by 4.2% and by 4.2% on a like for like basis.
Education and Early years performed in line with expectations. Core revenues were up 6.0% benefitting from a strong peak performance in September.

· Media total revenues increased by 2.0% and by 0.2% on a like for like basis.

There has been no change in the underlying financial condition of the Group since the year ended 31 August 2013 and the Group continues to operate well within its bank facilities.

The Group will announce its interim results for the six months ending 28 February 2014 on 23 April 2014.

PRE CLOSE STATEMENT

Smiths News PLC ("the Group"), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading specialist distributor of consumable products to the education market, is today issuing its Pre close statement for the six months ended 28 February 2014.

· Smiths News newspaper and magazine revenue has continued to perform slightly above recent run rates, and we now expect the division to deliver profit marginally above last year's performance and our expectations.

· Bertrams total revenues continue to grow at c10% driven by growth in Wordery. However, the ongoing mix of lower margin categories, price competiveness and delays in realising the benefits from investments to drive long term growth will result in profits being below last year.

· The Consortium continues to perform in line with recent run rates and in line with expectations.

· Media continues to perform in line with expectations.

As a result underlying Group profit before tax for the first half is expected to be in line with the prior year.

There has been no change in the underlying financial condition of the Group since the year ended 31 August 2013 and the Group continues to operate well within its new bank facilities.

The Group will announce its interim results for the six months ended 28 February 2014 on 23 April 2014.

.

I've bought in to these again this morning.

Looks to be a good time. Ex-divi mid June and a c6% div yield coupled with capital growth (hopefully).

JP Morgan Cazenove Overweight 153.63 - - Reiterates

Hmmm....that doesn't allow much scope for improvement.

Harry - that's misleading - they haven't quoted a target price - 153.63 is the price at the time of the rating.

They are reiterating their TP from 04th March (221p).

04 Mar 14 Smiths News PLC JP Morgan Cazenove Overweight 153.63 236.00 221.00 Reiterates

Joined you here skinny in @ 153.0

Interims on 23rd.

Cheers nice chart.

HARGREAVE HALE LIMITED > 5%

Interesting ,,, why the huge fall from Jan skinny ??

In 2 stages and I'd like to know as well.

Yes so would I.

Come on skinny....chop chop. lol

Who gives a toss. Trade the chart :O)

Read up the thread, I think I've documented all relevant reporting - the rest is down to market sentiment!

Had a read on Digital Look ,much the same as skinnys links above to the LSE ,
fall looks overdone ......

Going well and nicely in the money already! Looking to take profit around the 210p level ;o)

Im in this morning , anyone know why sometimes trades you have made show up on stockwatch and sometimes they don't ?

More than a million traded might be delayed :-)

The PLUS market ceased in 2012ish - I'm not sure if there is another interface for trading shares other than the LSE - which would explain your 'missing' trade.

Oh i'm just slightly off that skinny :)
Maybe it'll show up later as a sell

Which does go to show how inaccurate buy and sell figures are especially on a thinly traded stock like this .

Broker Views going back to start of calendar year............

Date Company Name Broker Rec. Price Old target price New target price Notes
02 Apr 14 Smiths News PLC JP Morgan Cazenove Overweight 162.63 - - Reiterates
14 Mar 14 Smiths News PLC Liberum Capital Buy 162.63 - - Reiterates
04 Mar 14 Smiths News PLC JP Morgan Cazenove Overweight 162.63 236.00 221.00 Reiterates
07 Feb 14 Smiths News PLC Liberum Capital Buy 162.63 - 241.00 Reiterates
16 Jan 14 Smiths News PLC JP Morgan Cazenove Overweight 162.63 236.00 236.00 Reiterates
15 Jan 14 Smiths News PLC N+1 Singer Hold 162.63 200.00 200.00 Reiterates

Does anyone know the answer to my post 74?

Lost all contact with plus and smaller stock organisations and boards. Sorry cant help.

Jimmy - re my earlier post, if your supplier supports it, the ticker "PLUS:NWS.GB" will show the trades that have not been carried out on the LSE.

Ok i see mine on there skinny thanks.
No i dont i bought earlier than that ,anyway thanks i'll have a look.

Well at least you bought!

As far as I'm aware, the above and the LSE (shown on this site under trades), are the only 2 trading portals.

Looks like you got this one right Skinny. Now moving away from 150 with some speed. Should be a very profitable trade for you. Needless to add, I didn't join you! :-(

Yep good call skinny.

Lovely profit already.

Same here good call skinny .

Its nice when it works out.

The chart looks even better and 190 looks realistic PDQ!

Was rather hoping for 210p as an exit point!......still, probably shouldn't be too greedy!

Good pick this one skinny, thank you. Never traded it before. Moved my stop to 163.0 to lock in + 10

Just pausing for breath?

Presumably many investors exited at 170p? Am still holding and looking for 190p.

I took profit at 170 and thought I would wait before having another nibble, but noticed that volume are not that great in either direction.

Still watching!

I think you were right Fred. All indicators are indicating the sp will slide, so sold this morning and will be looking to get back in around the 150p level. Took my eye off this for a few days and profit reduced. :o(

StockMarketWire.com
Smiths News has reached agreement with Frontline and Seymour to extend their magazine wholesaling agreement until April 2020. The contract is valued at c.£215m pa (at FY14 values) equating to 15% of the total national newspaper and magazine distribution market.

This new agreement secures 42% share of the magazine market for an additional five years.

Frontline distribute titles from publishers H Bauer, Immediate Media and Haymarket, while Seymour distribute magazines on behalf of many publishers including Future Publishing and Dennis Publishing.

Smiths News has now secured c.£1.1billion per annum of revenues through to at least 2019, and in some cases beyond, equating to 77% of total sales.

SMITHS NEWS PLC CHANGES NAME TO CONNECT GROUP PLC

In line with its strategy to become a more broadly diversified specialist distribution business and as previously announced on 17 March 2014, Smiths News confirms it has today changed its name to Connect Group PLC.

Trading in the Company's shares on the Main Market of the London Stock Exchange under the new name of Connect Group PLC will take effect from 23 April 2014. The Company's stock exchange ticker will change to CNCT.

The Company's corporate website will change to www.connectgroupplc.com

Whats going on here then???. Why such a big fall at yesterdays close. Not up to date with the market, just back off a long bank holiday.

See the previous post!

Skinny are IG with their spread bets behind the curve then, Im getting down -3.86% with smiths news and no new company up yet.

I can't find the new name on IG GF .

Yes - been trying to contact them!

Cheers thought it was all rather strange.

N+1 Singer Hold 0.00 162.00 - 184.00 Reiterates

NWS ticker reactivated with CMC and phone on IG.

IG sorted it out now.

Link to new company thread