Mothercare swings to loss but looks to new ‘opportunities ahead’
Mothercare has swung to a loss of £0.5 million for the 26 weeks to 27 September 2025, versus £1.1 million profit for H1 FY25.
The British baby and kidswear brand cited store closures in Middle Eastern markets and its “planned exit from Boots” for the decline in sales.
On a like-for-like basis, retail sales for the period were down 6% on last year, with adjusted EBITDA of £0.8m versus H1 FY25 of £1.7m.
However, on a positive note, net debt decreased to £5.8 million versus £17.1 million at 28 September 2024.
Clive Whiley, Chairman of Mothercare plc, said: “Mothercare is making good progress against our strategic priorities. After the strategic and operational challenges of the last few years, our performance in the first half shows that Mothercare has been stabilised as a smaller and cash generative business with greatly reduced debt.
“Our new partnerships with Reliance in South Asia and Ebebek in Turkey are now bearing fruit, underlining the intrinsic value of and opportunity for our brand.
“From this position of relative strength our key focus for 2026 is to pursue options to rebuild our scale and operations both in the UK and globally, alongside pursuing the refinancing of our existing debt financing facilities.
“This is an exciting prospect for our partners, our colleagues and all our stakeholders as we look towards the new year and those opportunities ahead.”
