Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWh Smith Regulatory News (SMWH)

Share Price Information for Wh Smith (SMWH)

Share Price is delayed by 15 minutes
Get Live Data
506.00    -2.00 (-0.39%)
Bid:
503.50
Ask:
505.00
Spread: 1.50 (0.298%)
Market Cap: £630.96m
SMWH Live PriceLast checked at - London Stock Exchange

Intraday Wh Smith Share Chart

Trading Statement

8 Jun 2016 07:00

RNS Number : 4868A
WH Smith PLC
08 June 2016
 

WH SMITH PLC

 

8 June 2016

 

 

Trading Update for the 14 Week Period to 4 June 2016

 

 

In the 14 week period from 1 March to 4 June 2016 total Group sales were up 2% with like-for-like sales flat.

 

In our Travel business total sales were up 9% and like-for-like sales were up 3%, in line with expectations. This sales performance reflects our ongoing investment in the UK business and the improvement in passenger numbers. We made further progress actively managing our space to best meet the changing needs of our customers and landlords. Gross margin increased in line with plan. Our new store opening programme is progressing well in both the UK and internationally, where we continue to win additional new units.

 

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% and like-for-like sales down 3%. Gross margin improvement and cost savings have been delivered in line with plan.

 

We generate high levels of cash from our operations. As of 7 June 2016, we have purchased 1.7m shares and returned to shareholders £29m of the up to £50m share buyback announced in October 2015.

 

Looking ahead 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
 
 
TSTEALKXESAKEFF
Date   Source Headline
22nd Nov 20175:18 pmRNSTransaction in Own Shares
21st Nov 20175:00 pmRNSTransaction in Own Shares
20th Nov 20175:16 pmRNSTransaction in Own Shares
17th Nov 20173:24 pmRNSTransaction in Own Shares
16th Nov 20175:16 pmRNSTransaction in Own Shares
15th Nov 20175:39 pmRNSTransaction in Own Shares
14th Nov 20175:48 pmRNSTransaction in Own Shares
13th Nov 20175:11 pmRNSTransaction in Own Shares
10th Nov 20173:14 pmRNSTransaction in Own Shares
9th Nov 20175:29 pmRNSTransaction in Own Shares
8th Nov 20173:19 pmRNSTransaction in Own Shares
7th Nov 201711:02 amRNSDirector/PDMR Shareholding
6th Nov 201711:35 amRNSAnnual Financial Report
31st Oct 201711:33 amRNSTotal Voting Rights
26th Oct 20174:06 pmRNSDirector/PDMR Shareholding
25th Oct 20173:38 pmRNSDirector/PDMR Shareholding
25th Oct 20173:33 pmRNSDirector/PDMR Shareholding
25th Oct 20173:32 pmRNSDirector/PDMR Shareholding
25th Oct 20173:28 pmRNSDirector/PDMR Shareholding
25th Oct 20173:22 pmRNSDirector/PDMR Shareholding
19th Oct 20175:32 pmRNSHolding(s) in Company
18th Oct 201710:15 amRNSHolding(s) in Company
12th Oct 20177:34 amRNSTransaction in Own Shares
12th Oct 20177:00 amRNSPreliminary Results Announcement
11th Oct 20175:16 pmRNSHolding(s) in Company
9th Oct 20179:24 amRNSHolding(s) in Company
29th Sep 20171:42 pmRNSTotal Voting Rights
31st Aug 20175:19 pmRNSTransaction in Own Shares
31st Aug 20174:49 pmRNSWH SMITH PLC PURCHASES OF SHARES - CLOSED PERIOD
31st Aug 20173:51 pmRNSTotal Voting Rights
30th Aug 20175:26 pmRNSTransaction in Own Shares
30th Aug 20177:00 amRNSPre Close Trading Update
29th Aug 20175:42 pmRNSTransaction in Own Shares
25th Aug 20173:38 pmRNSTransaction in Own Shares
25th Aug 201710:41 amRNSBlock listing Interim Review
24th Aug 20175:30 pmRNSTransaction in Own Shares
23rd Aug 20175:29 pmRNSTransaction in Own Shares
22nd Aug 20175:38 pmRNSTransaction in Own Shares
21st Aug 20175:11 pmRNSTransaction in Own Shares
18th Aug 20173:18 pmRNSTransaction in Own Shares
17th Aug 20175:11 pmRNSTransaction in Own Shares
16th Aug 20175:35 pmRNSTransaction in Own Shares
15th Aug 20175:28 pmRNSTransaction in Own Shares
14th Aug 20176:05 pmRNSTransaction in Own Shares
11th Aug 20175:48 pmRNSTransaction in Own Shares
10th Aug 20175:25 pmRNSTransaction in Own Shares
9th Aug 20175:12 pmRNSTransaction in Own Shares
8th Aug 20175:17 pmRNSTransaction in Own Shares
7th Aug 20175:41 pmRNSTransaction in Own Shares
4th Aug 20174:12 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.