WH Smith PLC Pre Close Trading Update (9502H)
24 August 2016 - 4:00PM
UK Regulatory
TIDMSMWH
RNS Number : 9502H
WH Smith PLC
24 August 2016
WH SMITH PLC
PRE CLOSE TRADING UPDATE
24 August 2016
WH Smith PLC will announce preliminary results for the year
ending 31 August 2016 on Thursday, 13 October 2016. Prior to its
close period, the Company today issues the following pre close
update.
WH Smith PLC expects the outcome for the year to 31 August 2016
to be in line with expectations.
Our Travel business continues to perform strongly with good
sales across all of our channels. The new store opening programme
both in the UK and internationally is on track. We have been
pleased with the customer reaction to our recently opened stores in
Alicante airport in Spain, and we continue to see further
opportunities in the international news, books and convenience
travel market.
The profit performance of our High Street business in the second
half is in line with our expectations as we annualised a strong
performance last year driven by colour therapy for adults. We
continue to deliver gross margin improvements and cost savings in
line with our profit focused strategy.
2016 PRELIMINARY RESULTS
The WH Smith PLC preliminary results investor and analyst
presentation for the year ending 31 August 2016 will be held at 9am
on Thursday, 13 October 2016 at
JP Morgan, One John Carpenter Street, London, EC4Y 0JP.
Enquiries:
WH Smith PLC
Mark Boyle Investor Relations 020 7406 6320
Nicola Hillman Media Relations 020 7406 6350
Brunswick
Fiona Micallef-Eynaud 020 7404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
END
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