Mothercare plc (MTC.L), in a fourth-quarter trading update, stated that its total group sales decreased 4.8 percent year-over-year for the 11 week period, ended 30 March 2013. UK like-for-like sales, supported by double-digit growth from Direct in Home, were flat for the quarter.
Group sales decreased 6.0 percent for the 52 weeks period, ended 30 March 2013. Mothercare said its underlying profit before tax for the year to 30 March 2013 is in line with market expectations.
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