Having averted a near fatal liquidity crisis earlier in 2018, MTC is in the foothills of an accelerated radical transformation programme funded by the comprehensive equity/debt refinancing completed in July. The pace of change has been accelerated to keep up with the consumer, competition and turbulent economic backdrop. Weak UK LFL sales and gross profit margin trends since Sept 2017 point to problems with MTC’s overall customer value proposition. The immediate focus is on the basics,
10 Dec 2018
On the right trajectory; early positive signs; much more to come
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
On the right trajectory; early positive signs; much more to come
Mothercare plc (MTC:LON) | 6.4 0 (-4.5%) | Mkt Cap: 35.8m
- Published:
10 Dec 2018 -
Author:
Cavendish Research -
Pages:
32
Having averted a near fatal liquidity crisis earlier in 2018, MTC is in the foothills of an accelerated radical transformation programme funded by the comprehensive equity/debt refinancing completed in July. The pace of change has been accelerated to keep up with the consumer, competition and turbulent economic backdrop. Weak UK LFL sales and gross profit margin trends since Sept 2017 point to problems with MTC’s overall customer value proposition. The immediate focus is on the basics,