April 12, 2018 / 7:24 AM / 2 months ago

BRIEF-Mothercare Says Q4 Adjusted Profit In Line With Previous Guidance

April 12 (Reuters) - Mothercare PLC:

* Q4 OVERALL ADJUSTED GROUP PROFIT AND NET DEBT FOR FY18 IS IN LINE WITH PREVIOUS GUIDANCE

* LIKE FOR LIKE DECLINE CONTINUES TO BE IMPACTED BY CONTINUED CONSUMER TREND OF REDUCED STORE FOOTFALL

* LIKE FOR LIKE SALES DECLINE OF 2.8% IMPACTED BY REDUCED STORE CONSUMER FOOTFALL

* REMAIN IN CONSTRUCTIVE DIALOGUE WITH FINANCING PARTNERS WITH RESPECT TO FINANCING NEEDS FOR FY19 AND BEYOND

* INTERNATIONAL RETAIL SALES IN Q4 WERE DOWN OVERALL 3.7%, IMPACTED BY LOWER MARKET FOOTFALL AND TIMING OF PROMOTIONAL ACTIVITY IN RUSSIA. Source text for Eikon: Further company coverage:

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