Site Tour and Presentation

RNS Number : 8560U

Smiths News PLC

01 July 2009

 



Smiths News PLC

Site Tour and Presentation

Smiths News PLC, the UK's leading wholesaler of newspapers and magazines, today announces that it is hosting a site tour and presentation for investors and analysts at its Bertram Books facility in Norwich.

The tour and presentation will be hosted by Mark Cashmore, Chief Executive.

No new trading or price sensitive information will be disclosed during the visit. Copies of the presentations will be available on the Group's website, www.smithsnews.co.uk.

Enquiries:

Smiths News PLC Mark Cashmore, Chief Executive	Tel: [phone]
Alan Humphrey, Finance Director
Buchanan Communications Mark Edwards / Jeremy Garcia	Tel: [phone]

About Smiths News PLC:

Smiths News PLC comprises Smiths News, the UK's leading wholesaler of newspapers and magazines and Bertrams, a leading UK book wholesaler. The Group was formed on 1 September 2006 following the demerger of WH Smith PLC.

Smiths News distributes newspapers and magazines on behalf of all the major national publishers as well as a large number of regional publishers. The business serves approximately 23,000 customers across England and Wales, supplying large general retailers as well as smaller independent newsagents. Smiths News has an approximate 40 per cent share of the magazine wholesaling sector and an approximate 36 per cent share of the newspaper wholesaling sector in the UK.

In addition to its distribution activities, Smiths News collects and processes returns, supplies sales information to publishers and provides a range of services for its retail customers.

Bertrams, which was acquired on 20 March 2009, supplies books to a mix of independent booksellers, on-line and multiple retailers, and libraries. Bertrams has an approximate 45 per cent share of the wholesale book market.

Smiths News PLC operates from 46 distribution centres across England and Wales, and employs 4,600 staff.

 

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