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WH Smith PLC (SMWH.L)

SMWH.L on London Stock Exchange

1,904.00GBp
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Latest Key Developments (Source: Significant Developments)

WH Smith Says Total Sales Up 6 Pct And Like-For-Like Sales Flat For 20 Weeks
Wednesday, 23 Jan 2019 02:00am EST 

Jan 23 (Reuters) - WH Smith PLC ::WH SMITH - DELIVERED STRONG TRADING PERFORMANCE IN PERIOD WITH TOTAL SALES UP 6% (UP 3% EXCLUDING INMOTION) AND LIKE-FOR-LIKE SALES FLAT FOR 20 WEEKS.TRADING UPDATE FOR 20 WEEK PERIOD TO 19 JANUARY 2019.IN TRAVEL, TOTAL SALES WERE UP 16% (UP 8% EXCLUDING INMOTION) WITH LIKE-FOR-LIKE SALES UP 3% FOR 20 WEEK PERIOD TO 19 JAN 2019.STORE OPENING PROGRAMME IN UK IS ON TRACK AND EXPECT TO OPEN AROUND 20 NEW UNITS THIS YEAR.HIGH STREET BUSINESS TRADED WELL DURING PERIOD.TOTAL SALES WERE DOWN 1% WITH LIKE-FOR-LIKE SALES DOWN 2% FOR 20 WEEKS.CONTINUED TO GROW GROSS MARGIN AND ARE ON TRACK TO DELIVER PLANNED £9 MILLION OF COST SAVINGS FOR YEAR.WHILST THERE IS EXISTING UNCERTAINTY IN BROADER ECONOMIC ENVIRONMENT, GROUP IS WELL POSITIONED FOR YEAR AHEAD AND BEYOND.  Full Article

PIRC Recommends Against Approval Of WH Smith's Remuneration Report, Remuneration Policy
Tuesday, 22 Jan 2019 10:27am EST 

Jan 22 (Reuters) - WH Smith PLC ::PROXY ADVISORY FIRM PIRC RECOMMENDS AGAINST APPROVAL OF WH SMITH PLC'S REMUNERATION REPORT, REMUNERATION POLICY.PROXY ADVISORY FIRM PIRC RECOMMENDS AGAINST APPROVAL OF APPOINTING PWC AS AUDITOR OF WH SMITH PLC.  Full Article

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

UPDATE 1-WH Smith chief Clarke steps down, shares fall

May 21 WH Smith Plc announced the departure of Chief Executive Officer Stephen Clarke after six years in charge on Tuesday, as the British books, stationery and newspaper chain reported another double-digit rise in sales in the third quarter.