WH Smith reports slower sales at travel division, profits up 12%

  • WH Smith PLC (LSEMWH) reported a slight slowing in sales growth for its core ongoing business, as it prepares to part ways with its High Street arm.  The Travel division, where shops are based mostly in airports and train stations, grew revenue 6% in the six months to end-February, down from the 7% growth seen in its first-quarter update.