Coats Group to sell European Zips business for $1m
4th Jul 2023 07:39
(Sharecast News) - Industrial thread maker Coats Group said on Tuesday that it has agreed to sell its European Zips business to Aequita, a German family office, for $1m.
Read moreRBC stays at 'outperform' on Coats after call with chief financial officer
24th May 2023 14:56
(Sharecast News) - Analysts at RBC reiterated their 'outperform' stance for shares of Coats Group on the back of their call with the company's finance director and head of investor relations.
Read moreCoats sees FY in line despite revenue fall
17th May 2023 07:23
(Sharecast News) - Shares in Coats fell on Wednesday as the industrial thread and global footwear component maker held annual guidance, with results expected to be weighted to the second half.
Read moreBerenberg slightly raises target price on Coats Group
13th Mar 2023 13:37
(Sharecast News) - Analysts at Berenberg slightly raised their target price on thread manufacturer Coats Group from 90.0p to 100.0p on Monday after the group's recent results demonstrated "a strong performance".
Read moreDirector dealings: Coats Group CFO makes share purchase
10th Mar 2023 15:33
(Sharecast News) - Coats Group revealed on Friday that chief financial officer Jacqueline Callaway had acquired 63,773 ordinary shares in the FTSE 250-listed sewing supplies company.
Read moreCoats Group lifts dividend as FY profits grow
2nd Mar 2023 08:45
(Sharecast News) - Industrial thread maker Coats Group posted a rise in full-year profits and revenue on Thursday and lifted its dividend as it hailed the benefits of recent acquisitions.
Read moreCoats Group raises $250m in US private placement
20th Feb 2023 10:09
(Sharecast News) - Industrial thread maker Coats Group said on Monday that it has raised $250m through the issue of US private placement notes.
Read moreCoats buys £350m bulk annuity policy from Aviva
6th Dec 2022 07:41
(Sharecast News) - Industrial thread maker Coats Group said the trustee of its UK pension scheme had purchased a £350m bulk annuity policy from Aviva.
Read moreCoats holds guidance as demand softens
23rd Nov 2022 07:04
(Sharecast News) - Industrial thread maker Coats reported a rise in revenues and held full-year guidance, despite strengthening forex headwinds, and said demand had softened in the second half.
Read moreCoats to raise £100m as it agrees to buy Rhenoflex
10th Aug 2022 17:08
(Sharecast News) - Industrial thread maker Coats Group announced its intention to raise £100m after markets closed on Wednesday, to fund the acquisition of German footwear materials producer Rhenoflex.
Read moreCoats 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.
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