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WH Smith PLC (SMWH.L)

SMWH.L on London Stock Exchange

1,903.00GBp
11 Dec 2018
Change (% chg)

3.00 (+0.16%)
Prev Close
1,900.00
Open
1,923.00
Day's High
1,929.00
Day's Low
1,880.00
Volume
481,924
Avg. Vol
349,663
52-wk High
2,347.00
52-wk Low
1,692.00

Latest Key Developments (Source: Significant Developments)

WH Smith Completes Acquisition Of InMotion
Monday, 3 Dec 2018 12:11pm EST 

Dec 3 (Reuters) - WH Smith PLC ::ACQUISITION.WH SMITH PLC COMPLETES ACQUISITION OF INMOTION.  Full Article

WH Smith Says Sales Flat Year On Year For 20 Week Period To Jan 20
Wednesday, 24 Jan 2018 02:00am EST 

Jan 24 (Reuters) - WH Smith Plc ::SALES FLAT YEAR ON YEAR AND LIKE-FOR-LIKE SALES DOWN 1% FOR 20 WEEK PERIOD.HIGH STREET SALES WERE IN LINE WITH EXPECTATIONS FOR 20 WEEK PERIOD.IN HIGH STREET, TOTAL SALES WERE DOWN 5% WITH LIKE-FOR-LIKE SALES DOWN 4% FOR 20 WEEK PERIOD.GROSS MARGIN WAS UP YEAR ON YEAR ALTHOUGH SLIGHTLY LESS THAN ANTICIPATED FOR 20 WEEK PERIOD.WHILE THERE IS SOME UNCERTAINTY IN BROADER ECONOMIC ENVIRONMENT, WE REMAIN CONFIDENT THAT GROUP IS WELL POSITIONED FOR YEAR AHEAD.‍"STORE OPENING PROGRAMME IN UK IS ON TRACK AND WE EXPECT TO OPEN AROUND 15 NEW UNITS THIS YEAR"​."BOOK SALES ON HIGH STREET IN 20 WEEKS PERIOD WERE MORE CHALLENGING DUE TO DECLINE IN SPOOF HUMOUR TITLES AND NO NEW, BIG PUBLISHING TRENDS"​.  Full Article

WH Smith sees FY outcome in line with expectations
Wednesday, 30 Aug 2017 02:00am EDT 

Aug 30 (Reuters) - WH SMITH PLC ::EXPECTS OUTCOME FOR YEAR TO 31 AUGUST 2017 TO BE IN LINE WITH EXPECTATIONS.TRAVEL BUSINESS CONTINUES TO DELIVER A STRONG PERFORMANCE WITH GOOD SALES ACROSS ALL OF OUR CHANNELS.CONTINUE TO SEE FURTHER OPPORTUNITIES IN INTERNATIONAL NEWS, BOOKS AND CONVENIENCE TRAVEL MARKET.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.  Full Article

WH Smith group sales up 2 pct for 15-weeks to June 10 period
Wednesday, 14 Jun 2017 02:00am EDT 

June 14 (Reuters) - WH Smith Plc ::Trading update for 15 week period to 10 June 2017.In 15 week period from 1 March to 10 June 2017, total group sales were up 2%, with like-for-like sales flat.In 15 week period from 1 March to 10 June 2017, travel business total sales were up 8%.In travel business, in 15 week period from 1 March to 10 June 2017, like-for-like sales were up 5%.New store opening programme is progressing well both in UK and internationally.On target to open 15 units in UK this year and have won further units internationally including 6 units in Rome which will open in July.In 15 week period from 1 March To 10 June 2017, high street business total sales were down 4%, with like-for-like sales also down 4%.Remain confident in outcome for full year.  Full Article

WH Smith says H1 pre-tax profit 83 mln stg
Wednesday, 12 Apr 2017 02:00am EDT 

WH Smith Plc : Interim dividend 14.6 penceper share . HY total group sales were up 2% at £643m (2016: £633m) with group LFL sales flat. . H1 group profit before tax 83 million stg versus 80 million stg year ago . HY group profit from trading operations 1 increased by 5% on prior year to £92m (2016: £88m) . HY group profit before tax increased by 4% to £83m (2016: £80m). . H1 travel trading profit 39 million stg versus 35 million stg year ago . H1 high street trading profit 53 million stg versus 53 million stg year ago . Has declared an interim dividend of 14.6p per share, a 9% increase on last year .We are on track to open around 15 new travel units in uk this year..  Full Article

WH Smith sees FY profit growth to be slightly ahead of plan
Wednesday, 25 Jan 2017 02:13am EST 

WH Smith Plc : Trading update . Group has delivered a strong performance over 21 week period with total sales up 2 pct and like-for-like sales up 1 pct. . There is some uncertainty in broader economic environment, we remain confident that group is well positioned for year ahead . "As a result of performance in travel we expect group profit growth for year to be slightly ahead of plan" . "In travel, we have delivered good sales growth across all our key channels in period. . This was driven by ongoing investment in business and continued growth in passenger numbers - particularly in our airport stores over christmas holiday period . In high street, we saw another good performance with sales in line with expectations driven by our new seasonal stationery ranges and spoof humour books. . In travel, like-for-like sales were up 5 pct with total sales up 10 pct of which 3 pct relates to forex benefits from our growing international business. . Gross margin was up year on year and our cost efficiency programme is on track . We opened an additional 32 post offices in period, giving us a total of 145 within our high street stores . In line with plan, up to a further 23 post offices are due to open in balance of year. . Group continues to be highly cash generative with a strong balance sheet..  Full Article

Deals of the day-Mergers and acquisitions

Oct 30 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: