Mothercare UK losses deepen during ‘extraordinarily challenging’ period

Mothercare, Early Learning Centre

Source: Shutterstock

For the 28-week period to October 12, 2019, Mothercare UK reported statutory group losses before taxation from continuing operations of £21.2m, deepening from £18.5m for the same period in the 2018/2019 financial year.

Adjusted international profit before taxation fell to £12.2m, while net debt spiralled to £24.5m, from just £6.9m on March 30, 2019.

 

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