/PRNewswire/ Do you know that the office stationery and supplies B2B market size has the potential to grow by USD 15.69 billion during 2021-2025, and the.
WH Smith Expects Small Improvement To Management s Expectations For Current FY finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION 28 April 2021 NEW FINANCING ARRANGEMENTS & CONVERTIBLE BOND OFFERING WH Smith PLC ( WH Smith or the Company ) today announces it has successfully agreed new bank financing arrangements and launched a potential offering (the Offering ) of approximately £325m of guaranteed senior unsecured Convertible Bonds due 2026 (the Bonds ).
Source: WHSmith Plc.
Sales at WHSmith’s ‘Travel’ division over the first two months of this year hovered at around one third of 2019 levels, the Group revealed in a trading update on Tuesday (9 March).
The news, books and convenience retailer will announce its interim results on Thursday 29 April.
“In Travel, we continue to see the same broad trends as we reported in January,” read a statement.
“Total revenue in January 2021 was 35% of 2019 levels and 33% of 2019 levels in February 2021. North America continues to be our best performing market in Travel.”
TRADING ‘BETTER THAN EXPECTED’
WHSmith was the subject of a recent, extensive interview in which Managing Director – International Phil McNally shared
9 March 2021 | 07:24am
StockMarketWire.com - Book and convenience store retailer WH Smith said it was burning through less cash than feared after its high-street business performed better than hoped in January and February.
WH Smith also announced that it had extended the maturity of two existing £200 million term loans to October 2023 and agreed new minimum liquidity covenants.
Cash burn over the period January to March was now expected to be around £12 million-to-£17 million versus previous guidance of £15 million-to-£20 million per month.
In the high-street business, revenue in January was at 74% of 2019 levels, and in February it was at 84% of 2019 levels, ahead of the company s expectations.