Revenue gain at WH Smith fails to boost profits

Sales of John Green’s The Fault in Our Stars helped revenues at the Irish arm of WH Smith soar last year to €19.29m.

However, new data show the sharp jump in revenues, from €11.6m to €19.29m, in the year to the end of August 31, did not translate into higher pre-tax profits.

Accounts just filed by WH Smith Ireland Ltd show that pre-tax profits fell from €1.54m to €1.5m.