Coats 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.

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Coats 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.

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Tuesday broker round-up

24th Aug 2021 14:34

(Sharecast News) - Coats: Jefferies starts at buy with 97.0p target price.

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Jefferies 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.

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Coats 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".

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Coats 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.

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Coats 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.

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Coats 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.

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Thursday broker round-up

11th Mar 2021 13:28

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

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Coats 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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Director dealings: Coats' chairman-designate makes share purchase

26th Nov 2020 15:02

(Sharecast News) - Coats Group revealed on Thursday that non-executive director David Gosnell had acquired 140,105 ordinary shares in the FTSE 250-listed industrial threads manufacturer.

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Coats names David Gosnell as chairman designate

24th Nov 2020 08:38

(Sharecast News) - Industrial thread manufacturer Coats Group revealed on Tuesday that chairman Mike Clasper will retire from the board following its next annual general meeting.

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Coats raises profit guidance after strong third quarter

3rd Nov 2020 07:49

(Sharecast News) - Industrial thread maker Coats Group lifted full-year profit guidance after a better-than-expected peak third quarter.

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Coats names Devro's Callaway as CFO designate

29th Jul 2020 09:28

(Sharecast News) - Industrial thread manufacturer Coats tapped Jackie Callaway for the role of chief financial officer on Wednesday.

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Monday broker round-up

15th Jun 2020 14:02

(Sharecast News) - Biffa: Citigroup upgrades to neutral with a target price of 210p.

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