MBL lifted by WH Smith contract

2nd Feb 2010 08:49

Entertainment products distributor MBL Group has signed a new contract with WH Smith to supply DVD and BluRay formats to the newsagent chain’s shops.WH Smith currently sells DVDs and BlueRay products in 448 of its stores.The contract with MBL runs through to 2012.The contract win follows a week after an upbeat trading statement from MBL in which it announced a 30.1% uplift in total sales to £84.8m in the final quarter of 2009, compared to £65.2m the year before.The rise in distribution sales, at 28.5%, lagged behind the 61.3% increase in wholesale turnover, though the wholesale business is much smaller than the distribution side.