WH Smith recovery continues

WH Smith, based in Swindon, has continued to profit from continuing recovery across all key travel markets, with a strong turnover in the 15 weeks leading up to June 2022, ahead of the levels of 2019 - the first time at 107%.

The company said “We remain in a strong position to benefit from the significant growth opportunities across the global travel retail market and currently have over 125 stores yet to open.” A trading update announced a full year outturn was expected to be extremely high.

The company WH Smith said that its UK business was performing securely. As passenger numbers continue to rise, it continues to see strong consistent transaction value growth and significant penetration.