WH Smith cut profit guidance to £75m-£90m and plans to raise up to £120m in new capital as the Iran conflict disrupts airport traffic and travel spending.

WH Smith has slashed its profit forecast as its sales continue to be hit by the slowdown in global travel caused by the Iran war.

The chain, which incorporates shops in travel locations such as airports and train stations, said consumers had been tightening their budgets.

A pesare sulle performance della società è l'incertezza derivante dal conflitto in Medio Oriente e l'impatto sui viaggi aerei

WH Smith cut profit guidance to £75m-£90m and plans to raise up to £120m in new capital as the Iran conflict disrupts airport traffic and travel spending.

The chain incorporates shops in travel locations such as airports and train stations