WH Smith’s statutory profits may have fallen but it said that it was in rude health as it upped its interim dividend.
The newsagent and stationer said pre-tax profit dipped by 21% to £65m even though group revenue jumped by 8% to £695m in the six months to February 28.
The group had booked £16m of exceptional costs linked to its purchase of In Motion, an American travel rival, and a restructuring programme.
