WH Smith raises dividend unveils the redemption as profits

Profit before tax increased 9pc 89 m £ despite a fall in £ 1. 1 £ 31bn. 34bn in the year at the end of August.

Kate Swann, Chief Executive, said in a release travel business group, with outlets in airports, railway stations, hospitals and motorway service stations, delivered record operating profit of the year.

"We have seen more profits and cash flow growth strong generation of High Street," she says, adding that the company was "flexible" and "good posture for the continuation of growth" in the future

WH Smith proposed final dividend of 13.3 percent until 18pc on last year, which is payable on February 3. It takes the dividend year-round 19.4 percent until 16pc.

The company stated that it was coming back up to 50 m £ cash to shareholders through a rolling share repurchase programme.

Total Group sales fell 2pc, while that type-for-like - sales sales at stores open more than one year - decreased 4pc.This was offset by a UNFCCC by 160 basis points gross margins.

Travel division operating profit increased 10pc 53 m £ and now accounts for profit from trading operations 51pc. ""Division is well positioned for the recovery of the number of passenger air", the company has déclaré.Ventes travel increased by 1pc 452 million from £.

Leverage his busienss 4pc increased from High Street to 51 million from £ .the said that he continued to rebalance its mixture of entertainment away - CD, DVD and computer - games focus on categories of High Street base.Ventes fell to 4pc 860 million from £.

Shares of WH Smith increased 6pc 482% in trade at the beginning.


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