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Smiths News CFO Resigns Amid Strong Company Performance

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Smiths News CFO Resigns Amid Strong Company Performance

Smiths News PLC ( (GB:SNWS) ) has shared an update.

Smiths News PLC announced the resignation of its Chief Financial Officer, Paul Baker, who will be leaving to join a large private business in a different sector. The company is conducting a search for his successor to ensure a smooth transition. Despite this change, the company remains in a strong financial and operational position, as stated by CEO Jonathan Bunting. A pre-close trading update for the half-year ending March 1, 2025, is expected later this month.

More about Smiths News PLC

Smiths News PLC is the UK’s largest news wholesaler, providing early morning end-to-end supply chain solutions. With over 200 years of experience, the company distributes newspapers and magazines for major national and regional publishers to approximately 22,500 customers across England and Wales daily.

YTD Price Performance: -11.90%

Average Trading Volume: 554,669

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £131.3M

See more data about SNWS stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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