WH Smith Reports Strong Profits and Expansion Plans

WH Smith (GB:SMWH) has released an update.

WH Smith PLC reports a robust financial year with a 16% rise in group profit and a 7% increase in total revenue, reaching £1,918 million. The company’s travel division saw significant growth, particularly in the UK and North America, bolstered by new store openings and strategic expansions. A £50 million share buyback and a proposed dividend increase underline confidence in future prospects amid ongoing economic uncertainties.

For further insights into GB:SMWH stock, check out TipRanks’ Stock Analysis page.