UK's WH Smith top LSE loser on profit warning, dividend suspension

WH Smith

23/04/2026 08:16

** Shares of WH Smith SMWH.L down 15.7% at 530p, top loser across LSE

** Co expects FY headline profit before tax of 90 mln -105 million pounds ($121.45 -141.69 million)  below prior expectations of 100 million pounds to 115 million pounds

** Flags the Middle East conflict's impact on passenger numbers

** Co suspends dividend to reduce debt and strengthen balance sheet

** Stock has fallen about 17.1%YTD

($1 = 0.7411 pounds)

(Reporting by Judes Joseph in Bengaluru)

((judes.joseph@thomsonreuters.com;))