Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWh Smith Regulatory News (SMWH)

Share Price Information for Wh Smith (SMWH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,168.00
Bid: 1,171.00
Ask: 1,175.00
Change: -25.00 (-2.10%)
Spread: 4.00 (0.342%)
Open: 1,178.00
High: 1,198.00
Low: 1,153.00
Prev. Close: 1,193.00
SMWH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Trading Statement

14 Jun 2017 07:00

RNS Number : 9814H
WH Smith PLC
14 June 2017
 

WH SMITH PLC

 

14 June 2017

 

 

Trading Update for the 15 Week Period to 10 June 2017

 

 

In the 15 week period from 1 March to 10 June 2017 total Group sales were up 2% with like-for-like sales flat.

 

In our Travel business total sales were up 8% (of which 2% relates to forex benefits from our growing international business) and like-for-like sales were up 5%. This sales performance reflects our ongoing focus on customer service, execution, space and category management as well as the continued increase in passenger numbers. Gross margin increased in line with plan. Our new store opening programme is progressing well both in the UK and internationally. We are on target to open 15 units in the UK this year and have won further units internationally including 6 units in Rome which will open in July.

 

In our High Street business we continue with our profit focused strategy, with sales in the period in line with expectations. Total sales were down 4% with like-for-like sales also down 4%. Gross margin improvement and cost savings have been delivered in line with plan. Our Post Office opening programme is on track and we have now relocated 58 of the 61 Post Offices that we announced in April 2016. This brings the total number of Post Offices now open within our High Street stores to 165.

 

Whilst there remains some uncertainty with regard to the broader economic environment, we continue to focus on profitable growth, cash generation and investing in the business to position us well for the future. We remain confident in the outcome for the full year.

 

 

- ENDS -

 

 

Enquiries:

 

WH Smith PLC

Mark Boyle Investor Relations 020 7406 6320

Nicola Hillman Media Relations 020 7406 6350

 

Brunswick

Fiona Micallef-Eynaud / Cerith Evans 020 7404 5959

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEALKDFANXEFF
Date   Source Headline
3rd Aug 20175:15 pmRNSTransaction in Own Shares
2nd Aug 20175:12 pmRNSTransaction in Own Shares
1st Aug 20175:08 pmRNSTransaction in Own Shares
31st Jul 20175:02 pmRNSTransaction in Own Shares
31st Jul 201712:12 pmRNSTotal Voting Rights
28th Jul 20174:10 pmRNSTransaction in Own Shares
27th Jul 20175:04 pmRNSTransaction in Own Shares
26th Jul 20175:08 pmRNSTransaction in Own Shares
25th Jul 20175:08 pmRNSTransaction in Own Shares
24th Jul 20175:12 pmRNSTransaction in Own Shares
21st Jul 20174:09 pmRNSTransaction in Own Shares
21st Jul 20174:06 pmRNSHolding(s) in Company
20th Jul 20175:10 pmRNSTransaction in Own Shares
19th Jul 20175:08 pmRNSTransaction in Own Shares
19th Jul 20179:56 amRNSHolding(s) in Company
18th Jul 20175:54 pmRNSTransaction in Own Shares
14th Jul 20174:00 pmRNSHolding(s) in Company
14th Jul 20173:55 pmRNSTransaction in Own Shares
13th Jul 20175:36 pmRNSTransaction in Own Shares
12th Jul 20175:11 pmRNSTransaction in Own Shares
11th Jul 20175:22 pmRNSTransaction in Own Shares
10th Jul 20175:21 pmRNSTransaction in Own Shares
7th Jul 20174:40 pmRNSTransaction in Own Shares
6th Jul 20175:38 pmRNSTransaction in Own Shares
6th Jul 20175:36 pmRNSHolding(s) in Company
5th Jul 20175:51 pmRNSTransaction in Own Shares
5th Jul 20173:34 pmRNSHolding(s) in Company
4th Jul 20175:27 pmRNSTransaction in Own Shares
3rd Jul 20175:57 pmRNSTransaction in Own Shares
3rd Jul 20177:00 amRNSTransaction in Own Shares
30th Jun 201711:00 amRNSTotal Voting Rights
22nd Jun 20173:36 pmRNSHolding(s) in Company
21st Jun 20179:49 amRNSHolding(s) in Company
14th Jun 20177:00 amRNSTrading Statement
12th Jun 20171:44 pmRNSHolding(s) in Company
7th Jun 20171:42 pmRNSDirector/PDMR Shareholding
31st May 201711:38 amRNSTotal Voting Rights
12th May 20172:12 pmRNSHolding(s) in Company
28th Apr 201710:05 amRNSTotal Voting Rights
12th Apr 20177:00 amRNSInterim Results
7th Apr 20172:29 pmRNSHolding(s) in Company
31st Mar 201710:03 amRNSTotal Voting Rights
28th Feb 20175:07 pmRNSTransaction in Own Shares
28th Feb 201711:57 amRNSTotal Voting Rights
27th Feb 20175:49 pmRNSTransaction in Own Shares
27th Feb 20171:18 pmRNSBlock listing Interim Review
24th Feb 20174:35 pmRNSTransaction in Own Shares
23rd Feb 20174:52 pmRNSTransaction in Own Shares
22nd Feb 20175:47 pmRNSTransaction in Own Shares
21st Feb 20175:07 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.