Roundtable Discussion; The Future of Mineral Sands. 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: 1,101.00
Bid: 1,000.00
Ask: 2,000.00
Change: 0.00 (0.00%)
Spread: 1,000.00 (100.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1,101.00
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
27th Feb 20233:47 pmRNSBlock listing Interim Review
8th Feb 202311:34 amRNSDirector Declaration
1st Feb 20232:39 pmRNSDirector Declaration
31st Jan 202310:18 amRNSTotal Voting Rights
30th Jan 20239:03 amRNSHolding(s) in Company
18th Jan 20234:47 pmRNSResult of AGM
18th Jan 20237:00 amRNSTrading Statement
12th Jan 202312:15 pmRNSBoard Change
30th Dec 202211:00 amRNSTotal Voting Rights
12th Dec 202210:57 amRNSAnnual Financial Report
5th Dec 20223:04 pmRNSHolding(s) in Company
30th Nov 202212:03 pmRNSTotal Voting Rights
28th Nov 202212:43 pmRNSDirector/PDMR Shareholding
23rd Nov 20224:14 pmRNSDirector/PDMR Shareholding
22nd Nov 20224:23 pmRNSDirector/PDMR Shareholding
14th Nov 20222:32 pmRNSFinal dividend
10th Nov 20227:00 amRNSPreliminary Results
31st Oct 202211:26 amRNSTotal Voting Rights
30th Sep 202211:00 amRNSTotal Voting Rights
8th Sep 20223:53 pmRNSDirector/PDMR Shareholding
7th Sep 20227:00 amRNSTrading Statement
31st Aug 202211:02 amRNSTotal Voting Rights
25th Aug 20229:11 amRNSBlock listing Interim Review
8th Aug 20227:00 amRNSWHSmith Pension Trust announcement
5th Aug 20229:44 amRNSDirector Declaration
29th Jul 202210:28 amRNSTotal Voting Rights
7th Jul 20223:43 pmRNSAGM Voting Update
30th Jun 20222:58 pmRNSTotal Voting Rights
15th Jun 20227:00 amRNSTrading update
8th Jun 20227:00 amRNSDirectorate Change
31st May 20229:07 amRNSTotal Voting Rights
12th May 20227:00 amRNSNotification of Trading Update
29th Apr 202211:00 amRNSTotal Voting Rights
27th Apr 20223:14 pmRNSDirector/PDMR Shareholding
27th Apr 20227:00 amRNSInterim Results
20th Apr 20223:36 pmRNSHolding(s) in Company
19th Apr 20227:30 amRNSNotice of cyber security incident - Funky Pigeon
31st Mar 202210:06 amRNSTotal Voting Rights
14th Mar 20223:24 pmRNSDirector/PDMR Shareholding
28th Feb 20229:33 amRNSTotal Voting Rights
25th Feb 20229:09 amRNSBlock listing Interim Review
21st Feb 20229:30 amRNSHolding(s) in Company
2nd Feb 202210:16 amRNSHolding(s) in Company
1st Feb 202211:20 amRNSDirectorate Change
31st Jan 202211:12 amRNSTotal Voting Rights
19th Jan 20224:02 pmRNSResult of AGM
19th Jan 20227:00 amRNSTrading update for the 20 week period to 15 Jan 22
5th Jan 20223:29 pmRNSHolding(s) in Company
31st Dec 202111:00 amRNSTotal Voting Rights
30th Dec 20215:59 pmRNSHolding(s) in Company

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.