Profits rise for high street chain
WH SMITH - which has stores in Poulton, Cleveleys, St Annes and Blackpool - posted an eight per cent rise in half-year profits.
Stronger trading at its travel locations offset a sales drop on the high street.
The retailer said the surplus of £64 million for the six months to February 29 reflected a stronger focus on core product ranges, such as books and stationery, and £4 million of cost savings at its high street arm.
Chief executive Kate Swann said she remained confident in the company's performance for the full-year, despite an uncertain economic environment.
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Last Updated:
22 April 2008 12:14 PM
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Location:
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