Overall WH Smith has confirmed that it expects to achieve market consensus profit estimates for the year to August 2019. While trade numbers are not provided (as last year) this would be improbable without a successful Summer Travel “season” led by airport business. The High Street business which we believe only amounts to less than 20% of overall valuation is of low relevance in this part of the year.
28 Aug 2019
Forecast affirmation as Travel achieves seasonal expectation
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Forecast affirmation as Travel achieves seasonal expectation
WH Smith PLC (SMWH:LON) | 1,233 -185 (-1.2%) | Mkt Cap: 1,614m
- Published:
28 Aug 2019 -
Author:
Tony Shiret -
Pages:
3
Overall WH Smith has confirmed that it expects to achieve market consensus profit estimates for the year to August 2019. While trade numbers are not provided (as last year) this would be improbable without a successful Summer Travel “season” led by airport business. The High Street business which we believe only amounts to less than 20% of overall valuation is of low relevance in this part of the year.