Mothercare back in the black after five years

Mothercare had not turned a profit since 2011
MoterCare graph

Mothercare, which sells baby goods, has reported its first profit in five years.

“I’m pleased to report that, two years into our turnaround strategy, we have recorded a 51 per cent growth in underlying profit before tax and the delivery of our first statutory profit in five years.”

Mark Newton-Jones, chief executive, Mothercare