The newsagent found £9m of cost savings on the high street in the first half, with a further £5m pencilled in for the second half. However, group total sales and like-for-like sales were both down four per cent.
Investors will be welcoming a rise in the interim dividend from the previous year of 15 per cent to 10.8p. WH Smith also welcomed its expansion into travel hubs, with 150 units being won.
Stephen Clarke, group chief executive said:
The Group has delivered another strong performance, with profit growth in Travel and High Street, demonstrating the continuing success of our strategy