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RNS Number : 7630U WH Smith PLC 27 January 2025
27 January 2025
WH SMITH PLC
The global travel retailer
Response to press speculation
WH Smith PLC ("WHSmith", or the "Group") notes the recent press speculation
regarding its High Street business.
WHSmith confirms that it is exploring potential strategic options for this
profitable and cash generative part of the Group, including a possible sale.
Over the past decade, WHSmith has become a focused global travel retailer. The
Group's Travel business has over 1,200 stores across 32 countries, and
three-quarters of the Group's revenue and 85% of its trading profit comes from
the Travel business.
There can be no certainty that any agreement will be reached, and further
updates will be provided as and when appropriate.
ENQUIRIES:
WH Smith PLC
Nicola Hillman Media Relations 01793 563354
Mark Boyle Investor Relations 07879 897687
Brunswick
Tim Danaher 020 7404 5959
About WHSmith
WHSmith is a leading global travel retailer for travel essentials with a
smaller business on the UK high street. With more than 1,700 stores across 32
countries worldwide, WHSmith offers customers a wide range of travel
essentials, including food to go, drinks, health and beauty, tech accessories,
books, newspapers & magazines. The business has a growing international
business with over 600 stores, primarily across the world's leading airports.
This includes more than 300 stores in North America, the world's largest
travel retail market.
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