Coats hails strong first half, looks to 'more normalised' trading
2nd Aug 2022 08:19
(Sharecast News) - Industrial thread maker Coats reported group sales growth of 19% on a constant exchange rate basis in its first half on Tuesday, or 14% on a reported basis, to reach $801m in revenue.
Read moreCoats buys Texon International for $237m
6th Jul 2022 07:03
(Sharecast News) - Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m.
Read moreCoats Group experiences 'strong' YTD sales momentuM
18th May 2022 07:37
(Sharecast News) - Industrial thread manufacturer Coats Group said on Wednesday that it had experienced "strong sales momentum" through the first four months of the year, with group sales growing 20% year-on-year.
Read moreCoats sells Brazil, Argentina business for undisclosed sum
10th May 2022 07:24
(Sharecast News) - UK-based thread maker Coats Group said it had sold its Brazil and Argentina business to Reelpar, an entity backed by a Sao Paulo private equity firm, for an undisclosed sum.
Read moreSunday share tips: Tesco, DS Smith
13th Mar 2022 13:50
(Sharecast News) - The Financial Mail on Sunday's Midas column recommended shares of five companies to readers, pointing out that history proved that the best time to buy shares was often when everyone else was running scared.
Read moreCoats Group profits grow as demand recovers, upbeat on 2022
3rd Mar 2022 08:20
(Sharecast News) - Industrial thread maker Coats Group said on Thursday that full-year operating profit and revenue rose as demand recovered, as it struck an upbeat note on the outlook.
Read moreCoats revenues rise 22% on economic recovery
23rd Nov 2021 07:43
(Sharecast News) - Industrial thread maker Coats reported a rise in organic revenue as demand recovered from the Covid pandemic and new business wins lifted performance.
Read moreTuesday broker round-up
24th Aug 2021 14:34
(Sharecast News) - Coats: Jefferies starts at buy with 97.0p target price.
Read moreJefferies starts Coats at 'buy' thanks to focus on sustainability
24th Aug 2021 12:29
(Sharecast News) - Analysts at Jefferies started coverage of Coats at buy telling clients that the company's "attractive" suite of sustainable products should see it further bolster its position as market leader.
Read moreCoats Group interim revenues grow
3rd Aug 2021 08:02
(Sharecast News) - Sewing thread manufacturer Coats Group said on Tuesday that interim revenues had grown against both 2020 and 2019 comparatives amid a "strong operational performance".
Read moreCoats Group upgrades FY expectations after strong first half
14th Jul 2021 07:56
(Sharecast News) - Industrial thread maker Coats Group upgraded its full-year expectations on Wednesday following a "strong" first half.
Read moreCoats returns to organic revenue growth, sees FY 'slightly ahead'
19th May 2021 08:18
(Sharecast News) - Industrial thread maker Coats Group said on Wednesday that its full-year performance is set be "slightly ahead" of its previous expectations as it reported a return to organic growth.
Read moreCoats secures $360m ESG-linked bank refinancing
9th Apr 2021 11:32
(Sharecast News) - Industrial thread manufacturer Coats Group announced the completion of a $360m (£262.69m) environmental, social and governance (ESG) linked bank refinancing.
Read moreThursday broker round-up
11th Mar 2021 13:28
(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.
Read moreCoats reinstates dividend on positive outlook for 2021
4th Mar 2021 08:13
(Sharecast News) - Coats reinstated its dividend despite a halving of annual profits as the industrial thread maker reported a recovery in trading in recent months.
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