'Poor year' leaves WH Smith £135m in red

Ailing British retailer WH Smith today unveiled annual losses of £135m (€196.5m) following an “unacceptable performance” by its high street business.

'Poor year' leaves WH Smith £135m in red
Thu, 14 Oct, 2004 - 09:10

Ailing British retailer WH Smith today unveiled annual losses of £135m (€196.5m) following an “unacceptable performance” by its high street business.

The figure for the year to August 31 compared with profits of £52m (€75.7m) a year earlier and included around £200m (€291m) of exceptional items.

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