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30 Aug 2017 07:00
WH SMITH PLC
PRE CLOSE TRADING UPDATE
30 August 2017
Prior to entering its close period ahead of reporting its preliminary results for the twelve months ending 31 August 2017 on 12 October 2017, WH Smith PLC announces the following pre-close update.
Our Travel business continues to deliver a strong performance with good sales across all of our channels and our new store opening programme both in the UK and internationally is in line with our plan. We have now opened our first three stores in Italy - in Rome's Fiumicino and Ciampino airports, and one in Turin airport. We continue to see further opportunities in the international news, books and convenience travel market.
Our High Street business continues to perform in line with expectations. Cost savings and margin improvements have been delivered in line with our profit focused strategy.
WH Smith PLC expects the outcome for the year to 31 August 2017 to be in line with expectations.
2017 PRELIMINARY RESULTS
The WH Smith PLC preliminary results investor and analyst presentation for the year ending 31 August 2017 will be held at 8:45am on Thursday, 12 October 2017 at
JP Morgan, One John Carpenter Street, London, EC4Y 0JP.
Enquiries:
WH Smith PLC
Mark Boyle Investor Relations 020 7406 6320
Nicola Hillman Media Relations 020 7406 6350
Brunswick
Simon Sporborg / Cerith Evans 020 7404 5959
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