Mothercare full-year profit jumps on turnaround plan
(Reuters) - Baby goods retailer Mothercare (MTC.L) said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress.
Underlying profit before tax rose to 19.6 million pounds for the 52-week period ended March 26, from 13 million pounds a year earlier, it said.
Sales at UK stores open over a year rose 3.6 percent, it said, with total UK sales up 0.3 percent to 459.7 million pounds.
(Reporting by Aastha Agnihotri in Bengaluru; Editing by Sunil Nair)
