WH Smith's on the right route

PROFITS SOAR 17% AT TRAVEL SHOPS

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WH Smith has reported rising profits across its shops at airports and railway stations as it prepares to sell its high street estate and focus purely on travel outlets.

Profit across its travel shops rose 17% to £63million in the six months to February, compared with the previous year.

Meanwhile, profit at its high street business slumped by a quarter to just £20million, it said in a trading statement weeks after revealing it is selling the division.