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WH Smith profits flat
on a pre-exceptional basiness, wh smith's pre-tax profit rose 15% to Â76m from Â66m a year earlier . like-for-like sales, excluding new store openings, were down 2%, although total sales were up 4% . across the year, wh smith said it achieved cost savings of Â8m and also managed to increase product profit margins . travel outlets while like-for-like sales at wh smith's high street stores fell 3% during the last year, they rose 1% at its travel business, which comprises its outlets at railway stations, airports and motorway service stops . wh smith's has reported flat annual profits, but a strong performance by shops in sairports and railway stations . Generated 2008-10-12_8:6
- WH Smith profits flat 2008-10-09 11:01:37
http://news.bbc.co.uk/go/rss/-/1/hi/business/7660556.stm
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