WH Smith suspends dividends as profits slump

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Source: WH Smith

The group said it was taking ‘a more cautious outlook’ for the rest of the year, as the Iran war hit passenger numbers and consumer confidence. As such, it has reduced its full-year pre-tax profit guidance from £100m-£115m to £90m-£105m

WH Smith has suspended dividend payments following a slump in profits.

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