SMWH

WH Smith CEO resigns following Deloitte review

WH Smith has announced that Carl Cowling has resigned as Group CEO following the independent Deloitte review, with Andrew Harrison, CEO of the UK division, stepping in as interim Group CEO while a formal search for a permanent successor is undertaken..

WHSmith cuts profit outlook after £30m overstatement in North America

WHSmith has reduced its expected full-year Headline profit before tax to around £110 million after identifying a £30 million overstatement of trading profit in its North America division, linked to accelerated supplier income recognition. The division’s profit forecast has been cut to £25 million from previous expectations of £55 million...

WHSmith to divest funkypigeon.com to Card Factory for £26 million

WHSmith has agreed to sell its online personalised greeting cards business, funkypigeon.com, to Card Factory for an enterprise value of £26 million (equity value £24 million), delivering net cash proceeds of about £21 million after costs to reduce net debt...

WH Smith Plc reports 7% travel revenue growth in latest trading update

WH Smith PLC's latest trading update reveals promising growth for its travel division, highlighting a 7% revenue increase. The company is poised for a successful summer season...

WH Smith Plc responds to speculation of possible sale

WH Smith explores strategic options, including a possible sale, for its profitable High Street business as it focuses on its global Travel retail division...
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WH Smith CEO resigns following Deloitte review

WH Smith has announced that Carl Cowling has resigned as Group CEO following the independent Deloitte review, with Andrew Harrison, CEO of the UK division, stepping in as interim Group CEO while a formal search for a permanent successor is undertaken..

WHSmith cuts profit outlook after £30m overstatement in North America

WHSmith has reduced its expected full-year Headline profit before tax to around £110 million after identifying a £30 million overstatement of trading profit in its North America division, linked to accelerated supplier income recognition. The division’s profit forecast has been cut to £25 million from previous expectations of £55 million...

WHSmith to divest funkypigeon.com to Card Factory for £26 million

WHSmith has agreed to sell its online personalised greeting cards business, funkypigeon.com, to Card Factory for an enterprise value of £26 million (equity value £24 million), delivering net cash proceeds of about £21 million after costs to reduce net debt...

WH Smith Plc reports 7% travel revenue growth in latest trading update

WH Smith PLC's latest trading update reveals promising growth for its travel division, highlighting a 7% revenue increase. The company is poised for a successful summer season...

WH Smith Plc responds to speculation of possible sale

WH Smith explores strategic options, including a possible sale, for its profitable High Street business as it focuses on its global Travel retail division...
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