The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMothercare Share News (MTC)

Share Price Information for Mothercare (MTC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.35
Bid: 6.20
Ask: 6.50
Change: 0.00 (0.00%)
Spread: 0.30 (4.839%)
Open: 6.35
High: 0.00
Low: 0.00
Prev. Close: 6.35
MTC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Mothercare closer to unlocking potential

Thu, 25th Nov 2021 11:22

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

----------

SMALL-CAP - WINNERS

----------

Mears Group PLC, up 3.0% at 190.50 pence, 12-month range 146.00p-224.00p. Say trading has continued to strengthen since release of interim results in mid-August. Excepts 2021 revenue to be slightly ahead of internal expectations at about GBP850 million, with adjusted pretax profit to be at the top of internal guided range at about GBP25 million. "This improved trading performance has been driven by good demand in reactive maintenance as clients prioritise the clearance of repair backlogs and by continued elevated volumes within the group's management-led contracts. As previously referenced planned maintenance revenues have been slower to return to pre-pandemic levels. Inflation in the supply chain and the availability of materials and labour costs have remained manageable," company says.

----------

Mothercare PLC, up 2.1% at 18.28 pence, 12-month range 10.35p-19.27p. Improves to pretax profit in 26 weeks to September 25 of GBP4.0 million versus GBP13.1 million loss a year before, as administrative expenses falls to GBP10.2 million from GBP14.1 million. Revenue drops to GBP41.7 million from GBP44.4 million in 28 weeks to October 10, 2020. Notes pension scheme deficit materially reduced to GBP91 million from GBP124.6 million at March 31. Chair Clive Whiley says results show company is "closer to unlocking the true underlying potential" of business. Adds: "With positive feedback to our new product ranges, and a lean operating structure, we enter the second half with growing confidence for our future prospects."

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
11 Apr 2022 10:57

AIM WINNERS & LOSERS: Mothercare misses payment; Argos licence renewed

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

Read more
11 Apr 2022 07:40

Mothercare full-year earnings set to beat expectations

(Sharecast News) - Specialist young childrens' retailer Mothercare reported unaudited net worldwide sales of £385m for the financial year just ended on Monday, which it said was "significantly impacted" by the "varied experiences" of Covid-19 in its franchisee markets.

Read more
9 Mar 2022 12:18

TRADING UPDATES: Mothercare distances from Russia; Midatech's J&J deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
9 Mar 2022 08:21

Mothercare suspends Russian business, shares tank

(Sharecast News) - Mothercare shares crashed on Wednesday after the retailer said it had suspended its operations in Russia, to which it has significant exposure.

Read more
25 Nov 2021 12:25

TRADING UPDATES: Interim profit jumps from XPS Pensions, James Latham

TRADING UPDATES: Interim profit jumps from XPS Pensions, James Latham

Read more
25 Nov 2021 08:07

Mothercare returns to profit as costs drop

(Sharecast News) - Mothercare returned to profit as cost cuts more than made up for declining revenue at the baby and child products company.

Read more
9 Sep 2021 18:16

TRADING UPDATES: Cohort gets contract extension; IQGeo wins new deal

TRADING UPDATES: Cohort gets contract extension; IQGeo wins new deal

Read more
2 Sep 2021 14:56

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
29 Jul 2021 18:17

TRADING UPDATES: Headlam boosts outlook; Mothercare loss widens

TRADING UPDATES: Headlam boosts outlook; Mothercare loss widens

Read more
29 Jul 2021 10:23

Mothercare losses widen as Covid restrictions dent revenues

(Sharecast News) - Mothercare reported a widening of its full-year losses on Thursday as it took a hit from Covid restrictions.

Read more
25 May 2021 17:11

TRADING UPDATES: Mothercare sales down; Revolution Bars seeks to raise

TRADING UPDATES: Mothercare sales down; Revolution Bars seeks to raise

Read more
25 May 2021 11:32

Mothercare forecasts return to profit in FY 2021

(Sharecast News) - Mothercare expects to return to the black this year despite a hefty slide in annual sales, the parent and child specialist confirmed on Tuesday.

Read more
18 May 2021 15:48

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
12 May 2021 10:21

Marshalls raises outlook as kicks off 2021 with hefty sales hike

Marshalls raises outlook as kicks off 2021 with hefty sales hike

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.