UK's WH Smith's shares fall; reports dip in H1 profit

Shares of British retailer WH Smith SMWH.L fall as much as 5.3% to 900p

Co reports a slight dip in first-half profit as weakness in its recently sold British high street stores offset growth at travel outlets

WH Smith reports H1 pre-tax profit of 45 million pounds ($59.67 million) vs. 46 mln pounds a year earlier

Co expects to report annual results in line with the market view; analysts expect co to post full year pre-tax profit of 182.6 million pounds ($242.11 million) as per data compiled by LSEG

Peel Hunt says despite "perfectly OK" H1 results, shares continue to face pressure amid ongoing global macroeconomic uncertainty

As of last close, SMWH down ~20% YTD

($1 = 0.7542 pounds)