SMWH

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...
Search

Funds

SMWH

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...
Search

Funds

SMWH

FTSE 100

Funds