WH Smith PLC (SMWH.L) in its trading statement for the 11 weeks and the 21 weeks to 23 January 2010 said the Group delivered a good trading performance. Group total sales were down 2% with like for like sales down 4% for the 21 weeks.
In the company's High Street division it successfully continued to deliver its strategy and Travel division made further good progress. In both divisions, gross margins increased and costs were tightly controlled.
Moving ahead, the company said it is confident in the outcome for the full year.
For comments and feedback: editorial@rttnews.com