Business
Full Year Results 2025
Mothercare PLC reported its full year results for the 52-week period ending March 29, 2025. Worldwide retail sales by franchise partners decreased to £230.6 million from £280.8 million. The adjusted EBITDA was £3.5 million, down from £6.9 million in the previous 53-week period. Net borrowings decreased significantly to £3.7 million compared to £14.7 million. The company reported a profit of £6.2 million, an increase from £3.3 million. Net debt also decreased to £4.5 million from £14.9 million. Turnover decreased to £38.9 million from £56.2 million. In the first twenty-three weeks of FY26, franchise partners recorded retail sales of £80.7 million, a decrease from £107.7 million in FY25. The company is in discussions with several parties to restore critical mass, especially in the UK market. Disclaimer*
About this update from Mothercare Plc
[{"type":"text","content":"\n\n \n \n \n \n Mothercare plc\nFull Year Results 2025\n \n \nMothercare plc (\"Mothercare\", \"the Company\" or \"the Group\"), the highly trusted British heritage brand, that connects with the parents of newborn babies and children across multiple product categories throughout their early life as parents, today announces full year results for the 52 week period to 29 March 2025. Comparatives throughout are based on the 53 week period to 30 March 2024.\n \nKey Highlights\n \n• Worldwide retail sales by franchise partners of £230.6 million (2024: £280.8 million).\n• Adjusted EBITDA of £3.5 million (2024: £6.9 million).\n• Net borrowings of £3.7 million (2024: £14.7 million) at the year end.\n \nCurrent Trading & Outlook\n\n· In the first twenty-three weeks of FY26, the Group's Franchise Partners recorded total retail sales of £80.7 million (FY25: £107.7 million), with the decline largely resulting from the continuing uncertainty in the Middle East and to a lesser extent a winding down of the sales arrangement in the UK. This level of retail sale reduction will result in materially reduced profitability for the Group.\n \n· Our global brand is now significantly bigger than our current business is able to extract the full value from. Whilst the creation of the joint venture in India significantly improved our balance sheet and financing position, we are now working towards the step change in the business and the brand. Having successfully demonstrated the inherent strength of the Mothercare brand, we are now accelerating our efforts to return the brand to growth and scale. The current business model could support much higher volumes, and such increased volumes would result in the vast majority of increased income falling straight to the bottom line.\n \n· The Mothercare brand is recognised and trusted around the world and we are in discussions with several other parties to restore critical mass, especially in the UK market.\n \n Financial Highlights\n· Profit for the 52 weeks to 29 March 2025 of £6.2 million (2024: £3.3 million).\n· Net debt3 at £4.5 million (20...