Mothercare Share News (MTC)

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.

IN BRIEF: De La Rue names Mothercare chair Clive Whiley as chair

De La Rue PLC - Basingstoke, England-based security printed products maker - Says that Clive Whiley, current chair of Mothercare PLC, is appointed as chair, effective immediately. Mothercare is a clothing retailer for expectant mothers and children up to 8 years old. Whiley was previously chair of funeral plan and end of life service provider Dignity PLC. De La Rue says Nick Bray, who was interim chair after Kevin Loosemore's resignation on May 1, will return to his previous role as non-executive director.

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.