
Threads giant Coats Group said Wednesday it's enjoying “strong sales momentum” in the first four months of the new trading year, with group sales growing 20% year-on-year.
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Threads giant Coats Group said Wednesday it's enjoying “strong sales momentum” in the first four months of the new trading year, with group sales growing 20% year-on-year.
Threads manufacturing giant Coats Group has signed an agreement to sell its businesses in Brazil and Argentina to Reelpar SA, backed by a Sao Paulo Private Equity Firm.
Industrial threads producer Coats Group said Tuesday that Anne Fahy is to stand down from her post as non-executive director (NED) requesting not to seek re-election at forthcoming Annual General Meeting on 18 May.
Coats is back with a bang. The industrial threads maker delivered an impressive set of full-year figures Thursday as the trials and tribulations of the pandemic look to be well behind it.
Threads giant Coats Group seems to be bouncing back from the pandemic with the company on Tuesday saying that in the three months to the end of October, its organic revenue was 6% higher than the same period in 2019.
There’s speculation that THG founder and CEO Matt Moulding could take the listed company private after he said he regrets listing the firm around a year ago. Its shares rose over 5% in early trading Monday as a result.
Coats Group is back on form. The global threads producer said Wednesday it enjoyed a "strong recovery" in both operational performance and demand in the first six months of the year.
Coats Group is back on its game. The UK-based industrial thread manufacturer on Wednesday reported a return to organic growth following a strong operational performance in three months to 30 April.
After a “turbulent” trading year, it certainly wasn’t all bad news for Coats Group despite delivering mostly negative numbers in its 12-month trading statement to 31 December on Thursday.
Global industrial threads manufacturer Coats Group has appointed David Gosnell chairman-elect. He's currently an independent non-executive director of Coats and replaces Mike Clasper who is retiring.