Smiths News Plc announced interim management statement for the nineteen weeks period to January 12, 2013. For the period, the company's total group revenues increased 2.0% year on year, boosted by contribution from the acquisition of The Consortium in April 2012. The performance of each business unit is as follows; Smiths News total revenues declined by 1.9% and by 4.7% on a like for like basis. Media and Marketing total revenues declined by 1.5% and increased by 0.5% on a like for like basis.

The group remains on track to deliver strong growth in underlying profit before tax for the year to August 31, 2013, in line with market consensus.