Swindon-based WH Smith continues to benefit from the ongoing recovery across all its key travel markets, with group revenue in the 15 weeks to June ahead of 2019 levels for the first time at 107 per cent.
A trading update said full year outturn was expected to be at the higher end of expectations “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,” the company said.
The company said that its UK business was performing strongly. As passenger numbers recover, it continues to see strong average transaction value growth and higher penetration.
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