Brief: Mothercare PLC Says FY Unaudited Net Worldwide Retail Sales By Franchise Partners Of £322 Mln

Mothercare

04/05/2023 07:18

May 4 (Reuters) - Mothercare PLC  MTC.L :
    * MOTHERCARE PLC - UNAUDITED NET WORLDWIDE RETAIL SALES BY
FRANCHISE PARTNERS OF £322 MILLION FOR YEAR
    * MOTHERCARE PLC SEES ADJUSTED EBITDA OF £6.5 TO £7 MILLION
FOR
FY23
    * MOTHERCARE - FACTORS OF PARTNERS CLEARING OLD INVENTORY
WILL
CONTINUE TO IMPACT GROUP RESULTS FOR FINANCIAL YEAR TO MARCH
2024
    * MOTHERCARE PLC - MEDIUM-TERM GUIDANCE IS UNCHANGED
    * MOTHERCARE PLC - CURRENT FORECASTS FOR CONTINUING
OPERATIONS
SHOW GROUP MAY REQUIRE WAIVERS TO FUTURE PERIODS' COVENANT TESTS
    * MOTHERCARE PLC - COMMENCED REFINANCING DISCUSSIONS WITH
OUR
LENDER TO VARY, RENEGOTIATE OR REFINANCE THIS DEBT FACILITY
    * MOTHERCARE PLC - LOOKING AT VARIOUS FINANCING ALTERNATIVES
(INCLUDING EQUITY AND EQUITY LINKED STRUCTURES)
    * MOTHERCARE PLC - GROUP DOES NOT REQUIRE (AND IS NOT
SEEKING
THROUGH THIS REFINANCING) ADDITIONAL LIQUIDITY

Source text for Eikon:  ID:nGNE3SlQNM 
Further company coverage:  MTC.L 

 ((Reuters.Briefs@thomsonreuters.com;))