The key message from today’s FY19 results is solid transformational progress and delivery on the market’s financial expectations. This is a complex set of results, reflective of major restructuring e.g. CVA, fundraise, disposal programme, significant cost cutting and new vision/strategy/operating model. MTC is now moving towards the next step of its transformation plan to develop MTC as a global brand.
24 May 2019
Mothercare - In line FY19; second phase of transformation ahead
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Mothercare - In line FY19; second phase of transformation ahead
Mothercare plc (MTC:LON) | 6.4 0 (-4.5%) | Mkt Cap: 35.8m
- Published:
24 May 2019 -
Author:
Cavendish Research -
Pages:
2
The key message from today’s FY19 results is solid transformational progress and delivery on the market’s financial expectations. This is a complex set of results, reflective of major restructuring e.g. CVA, fundraise, disposal programme, significant cost cutting and new vision/strategy/operating model. MTC is now moving towards the next step of its transformation plan to develop MTC as a global brand.