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WH Smith reports rise in annual profit led by travel hub outlets

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WH Smith reports rise in annual profit led by travel hub outlets

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(Reuters) – British books and stationery retailer WH Smith Plc <SMWH.L> reported a 6.9 percent rise in annual pretax profit to 140 million pounds on Thursday led by outlets in airports and other travel hubs. WH Smith said trading profit at its more than 750 outlets at such hubs, including railway stations and motorway service areas, rose 10.3 percent to 96 million pounds and now makes up over 60 percent of its trading profit. Trading profit at its high street outlets was flat at 62 million pounds.

(Reporting by Rahul B in Bengaluru; editing by Jason Neely)
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