Mothercare Share News (MTC)

LONDON MARKET CLOSE: European stocks rally to record highs

(Alliance News) - Stock prices in London closed higher on Friday, spiking to another record high, with markets buoyed by US interest rate cut hopes.

Mothercare shares tumble on weak annual trading and finance troubles

(Alliance News) - Mothercare PLC on Friday said it was pursuing refinancing options with its senior lender, following a tough financial year in which franchise partner sales were dragged down by weak trading in the Middle East.

AIM WINNERS & LOSERS: Polarean wins deal; Genedrive completes placing

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Mothercare shares slide as group enters refinancing negotiations

(Sharecast News) - Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Mothercare half-year profit jumps as costs fall sharper than revenue

(Alliance News) - Mothercare PLC on Friday reported higher interim profit as cost of sales declined faster than revenue.

AIM WINNERS & LOSERS: RUA Life Science slides after strong week

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Mothercare hit by tough Middle East trading

(Sharecast News) - Mothercare reported a rise in first-half profit on Friday, but sales fell due to pressures in the the Middle East and the retailer warned that more of its franchise stores could close.

UK shareholder meetings calendar - next 7 days

Mothercare annual loss narrows but chair says "still work to do"

(Alliance News) - Mothercare PLC on Friday said revenue fell in its latest financial year, but that its pretax loss narrowed and it expects to complete refinancing discussions "shortly".

AIM WINNERS & LOSERS: Mothercare goes global; Katoro Gold needs cash

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Shore Capital upbeat on Mothercare's future, but stock still a 'hold'

(Sharecast News) - Mothercare's forecast-beating annual results demonstrate "resilience and adaptability" according to Shore Capital, but that wasn't enough to change the broker's 'hold' rating.

Mothercare swings to loss, still beats expectations on earnings

(Sharecast News) - Infant and young children's retailer Mothercare reported a loss of £0.1m in its full-year results on Friday, swinging from a profit of £12.1m in 2022.

IN BRIEF: Mothercare CEO steps down after five months in role

Mothercare PLC - Hemel Hempstead, England-based retailer - Says Chief Executive Officer Daniel Le Vesconte has stepped down from his role, and Chair Clive Whiley and Chief Financial Officer Andrew Cook will lead the operating board until a replacement is found. Le Vesconte joined the firm as CEO in January after holding senior leadership roles for brands such as A&F Corp, Dr Martens PLC and VF Corp. Mothercare has not specified the reason for his departure, but Whiley says "a change in the CEO is in the best interest of the company and its shareholders."

Mothercare CEO Le Vesconte steps down

(Sharecast News) - Mothercare said on Friday that chief executive officer Daniel Le Vesconte has stepped down with immediate effect, and that its performance remains on track.