Name: Smiths News Group's recruitment
Uploaded: 2023-01-19T18:49:38.154895+00:00
Duration: 1185 s
Channel: Master Investor
Description: Smiths News Group currently offers a number of self-employment driver and van opportunities. The UK's shortage of drivers and warehouse operatives in September/October 2021 put some pressure on the company, and its current advertising specifically targets those who are now back in the market following season deliveries such as Black Friday and Christmas.

Smiths News Group currently offers a number of self-employment driver and van opportunities. The UK's shortage of drivers and warehouse operatives in September/October 2021 put some pressure on the company, and its current advertising specifically targets those who are now back in the market following season deliveries such as Black Friday and Christmas.

<p>Smiths News Group currently offers a number of self-employment driver and van opportunities. The UK's shortage of drivers and warehouse operatives in September/October 2021 put some pressure on the company, and its current advertising specifically targets those who are now back in the market following season deliveries such as Black Friday and Christmas.</p>

https://d3ev5earl6dvd0.cloudfront.net/public-media/videos/004/104/004104/video_ntDG7yD.mov#t=738

Master Investor

Smiths News Group's recruitment

About Smiths News Group

Smiths News Group's newspaper distribution

Smiths News Group's retail offering

Smiths News Group's debt policy

Smiths News Group's priorities for 2022

Following a strong year, are Smiths News Group shares now undervalued? Sarah Lowther interviews CEO, Jon Bunting and CFO, Paul Baker.

<p>Following a strong year, are Smiths News Group shares now undervalued? Sarah Lowther interviews CEO, Jon Bunting and CFO, Paul Baker.</p>

https://d3ev5earl6dvd0.cloudfront.net/public-media/videos/004/104/004104/video_ntDG7yD.mov

Sarah Lowther interviews the CEO and CFO of Smiths News Group, Jon Bunting and Paul Baker, to find out more about their evolved business model. Launched 200 years ago, the newspaper delivery company today has a market cap of GBP 88 million.

On a monthly basis, Smith News Group distributes around 75 million individual newspaper copies, as well as 24-25 million magazines. With a 56% market share, the company remains the UK's leading newspaper and magazine distributor.

Smith News Group distributes to every type of retail channel that takes newspapers and magazines, ranging from small independent newsagents to Tesco, Sainsbury's and WHSmith. The company's delivery promise includes a 99.5% pack accuracy, with 95% of outlets being served in advance of their required delivery time.

Smiths News Group has a stated capital allocation policy and is likely to see its net debt to EBITDA reduce slightly below 1x in the short term. In 2021, the business generated GBP 24 million of free cash flow, a 120% increase over 2020.

For 2022, Smiths News Group aims to deliver on its promises in an effective and efficient way. The executive team are mindful that steps will be undertaken organically and slowly.