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.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
