Disclaimer

This document contains forward-looking statements with respect to the operations, performance and financial condition of WH Smith PLC. By their nature, these statements are subject to risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied because they relate to future events.

Unless otherwise required by applicable law, regulation or accounting standard, we do not undertake to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise. Nothing in this presentation should be construed as a profit forecast.

The financial information referenced in this presentation does not contain sufficient detail to allow a full understanding of the results of WH Smith PLC. For more detailed information, please see the interim results announcement for the six months ended 28 February 2022 which can be found on the Investors section of the WH Smith PLC website -www.whsmithplc.co.uk

Agenda

1▪

Introduction

Carl Cowling

2▪

Financial Review

Robert Moorhead

3▪

Business Review

Carl Cowling

4▪

Questions

Overview: Recovery drives first half profitability

  • ▪ Successfully managed the business through the pandemic; emerged a stronger business

  • ▪ Capitalised on the many opportunities available

  • ▪ Strong rebound in profitability; on track to deliver meaningful profit in FY22

  • ▪ Good recovery across all our Travel markets; good growth in passenger numbers

  • ▪ Focused plan on conversion and average transaction value growth delivering good results

  • ▪ Successfully opened over 50 stores in Travel since beginning of financial year; store pipeline of over 125 new stores won

  • ▪ Substantial growth opportunities in North America

  • ▪ Anticipate further opportunities globally

  • ▪ We have positioned the Group well to benefit from a return in passenger numbers and new space opportunities

Financial Review

Robert Moorhead

Chief Financial Officer and Chief Operating Officer

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WH Smith plc published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 07:54:08 UTC.