Page last updated at 06:19 GMT, Thursday, 17 April 2008 07:19 UK

WH Smith profits up as sales fall

WH Smith store
WH Smith is a household name

WH Smith has reported an 8% rise in half-year profits despite a fall in sales, as it continues to refocus on selling books rather than DVDs and CDs.

Reporting its results for the six months to 29 February, the retailer's pre-tax profit rose to 64m from 59m for the same period a year earlier.

Group-wide like-for-like sales, which exclude new store openings, were down 2%, or 3% at its High Street shops.

Like-for-like sales at its airport and railway station shops rose 3%.

WH Smith said its profits were further helped by continuing cost-cutting work.


SEE ALSO
WH Smith profits up as sales dip
11 Oct 07 |  Business
Strike over WH Smith post plan
13 Aug 07 |  Business
In-store post offices at WH Smith
19 Apr 07 |  Business
WH Smith shrugs off fall in sales
23 Jan 07 |  Business
WH Smith to close pension scheme
10 Jan 07 |  Business
WH Smith profits up but sales dip
12 Oct 06 |  Business

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