The loss of Russia as a key market is, of course, painful but there is much to commend in Mothercare’s interims: the business remain profitable, underlying retail sales were +15%, the new product pipeline is pregnant with new ideas, the pension deficit continues to shrink, and it has successfully refinanced. Mothercare is becoming more outward looking after a long period of introspection; it has barely scratched the surface of opportunities available to it and the new CEO, who joins in the New Y ....
24 Nov 2022
Mothercare - More outward looking
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Mothercare - More outward looking
Mothercare plc (MTC:LON) | 5.6 0 0.0% | Mkt Cap: 31.4m
- Published:
24 Nov 2022 -
Author:
Michael Clifton | Nigel Parson -
Pages:
4
The loss of Russia as a key market is, of course, painful but there is much to commend in Mothercare’s interims: the business remain profitable, underlying retail sales were +15%, the new product pipeline is pregnant with new ideas, the pension deficit continues to shrink, and it has successfully refinanced. Mothercare is becoming more outward looking after a long period of introspection; it has barely scratched the surface of opportunities available to it and the new CEO, who joins in the New Y ....