StockMarketWire.com - WH Smith expected its 2018 results for the 12 months ending 31 August to be in line with expectations, it said on Thursday, ahead of the reporting of its preliminary results on 11 October.

The company's travel business continued to perform strongly with good sales across all its channels, while its new store opening programme (both in the UK and internationally) was in line with its plan. The firm opened eight stores in Madrid Terminal 4 in mid-August and also opened the first of six stores in Rio de Janeiro.

The company now has 286 stores open internationally and continued to see further opportunities in the international news, books and convenience travel market.

The retailer's high street business also continued to perform in line with expectations. Cost savings and margin improvements had been delivered in line with its profit-focused strategy. The company continued to invest in new store format trials and has developed further its stationery ranges.






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