WHSmith losses narrow as retailer forecasts return to profitability in 2022

Exterior of WHSmith Holborn store

WHSmith has reported narrowing losses and forecasts a return to profitability next year as improving travel trends drove a sales recovery.

For the year ending August 31, 2021, WHSmith reported group loss before tax of £116m, strengthening from a £280m loss the previous year.

The retailer also reported strong recoveries in group loss before tax and non-underlying items (£51m, down from £68m) and group loss from trading operations (£8m, down from £31m last year). 

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