WH Smith PLC (SMWH.L)
Britain's WH Smith Plc said it will lose its protection against a weaker pound next year and is looking to offset the impact by consolidating factories and negotiating better prices with suppliers to cut its costs.
Oct 13 Britain's WH Smith Plc said it will lose its protection against a weaker pound next year and is looking to offset the impact by consolidating factories and negotiating better prices with suppliers to cut its costs.
* Says travel business continues to perform well with strong sales across all channels and profit up 9 pct
* WH Smith Plc expects outcome for year to Aug. 31 2016 to be in line with expectations
* In 14 week period from 1 March to 4 June 2016 total group sales were up 2% with like-for-like sales flat.
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