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WH Smith says margin growth offsets sales fall

Posted at 8:24AM Wednesday 23 Jan 2013

WH Smith said improved margins helped underpin profits and offset an expected fall in sales over the Christmas period.

The group, which trades from over 600 town centre stores and over 600 outlets at airports, train stations, hospitals, motorway service stations and work places, on Wednesday said sales at stores open a year fell 5 percent in the 20 weeks to January 20.

WHS Christmas Trading Statement

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