WH Smith PLC Interim Management Statement 14 November 2013
WH Smith PLC is today publishing its Interim Management Statement as required by the UK Listing Authority’s Disclosure and Transparency rules, relating to the 10 week period from 1 September 2013 to 9 November 2013. CURRENT TRADING Total Group sales in the first 10 weeks of the financial year were down 3% with like-forlike sales down 4% compared to the same period last year. WHSmith Travel total sales were up 2% and like-for-like sales were down 2%. Gross margin has increased in line with our plan and our store opening plan continues to make good progress both in the UK and internationally. WHSmith High Street total and like-for-like sales were both down 6% in the period. We have made further progress on gross margin and costs continue to be managed tightly. FINANCIAL POSITION On 10 October 2013 we announced our intention to return up to £50m of cash to shareholders via a rolling share buyback programme. As at 13 November 2013, we have purchased 0.65 million shares and returned £6m to shareholders. The Group’s financial position is in line with market expectations. PROSPECTS Whilst the current climate continues to be uncertain, we remain a resilient business and are well positioned for continued profitable growth both in the UK and internationally.
Enquiries: WH SMITH PLC Mark Boyle Nicola Hillman Brunswick Simon Sporborg / Catriona McDermott
Investor Relations 020 7406 6320 Media Relations 020 7406 6350
Interim Management Statement - November 2013 - WHSmith PLC
Nov 14, 2013 - Total Group sales in the first 10 weeks of the financial year were down 3% with ... continues to be uncertain, we remain a resilient business and.
Nov 14, 2013 - margin has increased in line with our plan and our store opening plan ... climate continues to be uncertain, we remain a resilient business and.
Apr 12, 2017 - The distinct strategies of our Travel and High Street businesses have been ... buyback announced on 13 October 2016 and the declared interim ...... additional useful information on the underlying trends, performance and ...
Apr 12, 2017 - âIn our growing international business, we have now won 255 stores ..... Following further investment in the website and apps we have seen ...
Apr 13, 2016 - Return of payment on account to HMRC ... account received from HMRC in 2010 relating to a historical commercial structure which was put in.
Jun 8, 2016 - Gross margin increased in line with plan. ... High Street business we continue with our profit focused strategy, with sales in ... Media Relations.
Oct 13, 2016 - âIn the High Street business, our profit focused strategy continues to deliver .... through focusing on improved execution and customer service;.
Jan 25, 2017 - was driven by ongoing investment in the business and continued growth in passenger numbers ... Without their ongoing support we would not be able to achieve ... London, WHSmith celebrates its 225th anniversary this year.
Jan 25, 2017 - was driven by ongoing investment in the business and continued ... another good performance with sales in line with expectations driven by our ...
Oct 13, 2016 - âIn the High Street business, our profit focused strategy continues to deliver .... weighted average number of shares in issue following the share buyback. ... have returned over £800m of cash to shareholders and reduced our .... ma
Jun 3, 2015 - In our Travel business total sales were up 8% in the period with ... margin improvement and cost savings have been delivered in line with plan.
Jun 3, 2015 - sales also down 4%, in line with expectations and our profit focused strategy. Gross margin improvement and cost savings have been delivered in line with plan. We will continue to focus on ... Media Relations. 020 7406 6350.
22 hours ago - 13. WH Smith PLC. Condensed Group Cash Flow Statement. For the 6 months to 28 February 2018. 6 months to. 12 months to. £m. Note. 28 Feb 2018. (unaudited). 28 Feb 2017. (unaudited). 31 Aug 2017. (audited). Operating activities. Cash g
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