WH Smith ticks up as it enters close period

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WH Smith ticks up as it enters close period
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Newsagent WH Smith (LON:SMWH) said that results for the year ending 31st August will be in line with expectations as the company enters its close period.

Management said that the travel business continued to perform well, with UK and international store openings going as planned. As of now, there are 286 outlets outside the UK with a number of future expansions planned in the international travel market.

Further cost savings and margin improvements have been made in the High Street arm and the company is trialing new store formats.

Shares in WH Smith were up by 1.16% to 2,075.90p (as of 13:05 BST).

 

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