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 preliminary results announcement for the twelve months ended 31 August 2022 which can be found on the Investors section of the WH Smith PLC website - www.whsmithplc.co.uk
WHSmith
The global travel retailer
Preliminary Results
10 November 2022
Agenda
1
2
3
4
Introduction
Carl Cowling
Financial Review
Robert Moorhead
Business Review
Carl Cowling
Questions
3
Overview: Strong year; well positioned for future growth
Group is now in its strongest ever position as a global Travel retailer
%
£
Strong
Multiple growth
Continued success
Investing for
Resumption of
momentum;
opportunities using
in winning new
future growth;
dividend reflects
Group now trading
suite of brands and
business; 150
c.£150m of capex
confidence in the
ahead of 2019
international
stores won across
spend in 22/23
future
levels
expansion
the globe
Success driven by forensic approach to retailing across all businesses
4
WHSmith: A global travel retail Group
Travel
Forensic
✓ Consistent market
Retailing
share growth
✓ Space management
✓ Multiple space growth
✓ Store opening programme
UK High Street
opportunities globally
✓ Format development
✓ Profit driven strategy
✓
Broad suite of brands
✓ In store execution
✓ Margin growth and
✓
Category development
✓ Tight cost control
cost savings
driving ATV
✓ Industry-leading returns
✓ Digital growth
✓
Long-term market
✓ Consistent cash
growth
generation
Focused on profitable growth, cash generation and shareholder returns
5
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WH Smith plc published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 09:56:07 UTC.
WH Smith PLC is a global retailer for news, books and convenience. The Company operates through four segments: Travel UK, North America, Rest of the World, and High Street. The Travel UK segment has a presence in a range of locations, including airports, hospitals, railway stations and motorway service areas across the United Kingdom. It offers a range of products, including books and magazines, health and beauty products, souvenirs, digital accessories and food and drink options for travelers. It operates over 590 stores in travel locations and hospitals in the United Kingdom. It sells a range of products in categories, such as stationery (including greeting cards, general stationery, art and craft, and gifting), News and Impulse (including newspapers, magazines, confectionery and drinks) and books on high streets.