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Smiths News shares drop as weaker profits overshadow major contract wins
(Sharecast News) - Shares in Smiths News slumped on Wednesday after the newspaper and magazine distributor reported a decline in annual earnings and highlighted the short-term impact of investment on profitability, with investors seemingly shrugging off news of major contract wins.
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Indicies charts
FTSE 100 | 10809.38 | +170.95
FTSE 250 | 24926.97 | +252.06
FTSE 350 | 5899.12 | +89.64
Risers
Risers
| Name | Value | Chg % |
|---|---|---|
| Ceres Power Holdings | 293.20p | +7.40 |
| Fresnillo | 2,437.00p | +6.61 |
| Marks & Spencer Group | 438.40p | +5.84 |
| Hochschild Mining | 456.00p | +5.80 |
Fallers
Fallers
| Name | Value | Chg % |
|---|---|---|
| Hill and Smith | 2,895.00p | -3.50 |
| EnQuest | 28.40p | -4.05 |
| Ithaca Energy | 263.70p | -6.16 |
| Weir | 2,396.00p | -8.90 |