Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

81.80p
   
  • Change Today:
    -0.60p
  • 52 Week High: 104.20p
  • 52 Week Low: 68.20p
  • Currency: UK Pounds
  • Shares Issued: 1,597.81m
  • Volume: 1,992,471
  • Market Cap: £1,307.01m
  • RiskGrade: 39
  • Beta: 0.01

Coats to shut down US yarns factory after strategic review

By Frank Prenesti

Date: Thursday 03 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Coats Group said it is planning to close its North Carolina yarns facility based after a strategic review.
The factory is part of the industrial thread and footwear components maker's performance materials division. Coats in December shut down a similar facility in Mexico.

"The strategic review has concluded that the Americas Yarns business does not fit with Coats' future strategy and the exit from this non-core operation will result in a positive annualised impact to both the PM and group adjusted EBIT margins," Coats said on Thursday.

It added that the exit process is expected to complete in the second quarter and is anticipated to generate a "modest" cash inflow, after closure costs.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Coats Group Market Data

Currency UK Pounds
Share Price 81.80p
Change Today -0.60p
% Change -0.73 %
52 Week High 104.20p
52 Week Low 68.20p
Volume 1,992,471
Shares Issued 1,597.81m
Market Cap £1,307.01m
Beta 0.01
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.61% below the market average47.61% below the market average47.61% below the market average47.61% below the market average47.61% below the market average
62% below the sector average62% below the sector average62% below the sector average62% below the sector average62% below the sector average
Price Trend
13.19% below the market average13.19% below the market average13.19% below the market average13.19% below the market average13.19% below the market average
33.98% below the sector average33.98% below the sector average33.98% below the sector average33.98% below the sector average33.98% below the sector average
Income
24.31% above the market average24.31% above the market average24.31% above the market average24.31% above the market average24.31% above the market average
44.26% below the sector average44.26% below the sector average44.26% below the sector average44.26% below the sector average44.26% below the sector average
Growth
4.48% below the market average4.48% below the market average4.48% below the market average4.48% below the market average4.48% below the market average
11.83% below the sector average11.83% below the sector average11.83% below the sector average11.83% below the sector average11.83% below the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Coats Group Dividends

  Latest Previous
  Final Interim
Ex-Div 01-May-25 17-Oct-24
Paid 29-May-25 14-Nov-24
Amount 2.19¢ 0.93¢

Trades for 11-Jul-2025

Time Volume / Share Price
15:55 8 @ 81.80p
15:29 9 @ 81.80p
15:19 1 @ 81.80p
16:51 49,077 @ 81.86p
16:35 579,159 @ 81.80p

Coats Group Key Personnel

Chair David Gosnell
CEO David Paja
CFO Hannah Nichols

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