Smiths News PLC
30 August 2007
Smiths News PLC
Pre close Trading Update
Smiths News PLC today issues a trading update ahead of its results for the full
year ending 31 August 2007, which will be announced on 18 October 2007.
Trading in the current year is in line with the Board's expectations.
Total sales have increased year on year. The trend of newspaper cover price
increases more than offsetting volume declines has continued. The magazine
market has been more demanding, declining volumes in monthly magazines and
reduced Partwork launches being offset by growth in weekly magazines and
contract gains.
Management continues to drive service and efficiency at pace, with cost
savings being delivered ahead of plan.
For further information contact:
Alan Humphrey, Investor Relations, Smiths News PLC 01793 563641
Kate Holgate, Media Relations, Brunswick Group LLP 020 7404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
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