Mothercare PLC (MTC.L)
* Q1 total UK sales down (2.1 pct), reflecting (4.8 pct) year-on-year reduction in space
May 19 Baby goods retailer Mothercare Plc , which has been trying to revive its business in Britain, posted a full-year profit for the first time in five years as its turnaround plan made progress, sending its shares up as much as 10 percent.
May 19 Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress.
* Will continue to invest in digital, our stores, improve product and upgrade service and systems. Together these initiatives should deliver further improvement in UK profitability in year ahead.