Management remains highly focused on leveraging the company's high-density UK delivery network
Smiths News (SNWS) 55.2p Market cap: £135.7 million The UK’s leading newspaper and magazine distributer Smiths News (SNWS) has clear value credentials with the shares trading on a miserly 2026 PE (price to earnings) ratio of 5.2 times and a twice covered dividend yield of 10.7%. Perceptions that the business is in terminal decline are misplaced and fail to take account of growth initiatives to exploit the firm’s unrivalled...