WH Smith (GB:SMWH) has released an update.
WH Smith PLC has reported a strong financial performance for the fourth quarter, with results in line with expectations and a significant peak trading period, particularly in its Travel businesses across the UK and international markets. The company is enhancing shareholder value through a £50m share buyback program, underpinned by robust cash flow and the completion of a pension scheme buyout that resulted in an £85m return to the company. Despite these positives, the High Street business showed a consistent performance with the opening of new in-store Toys “R” Us shop-in-shops.
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