Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

80.60p
   
  • Change Today:
      0.100p
  • 52 Week High: 97.90p
  • 52 Week Low: 68.20p
  • Currency: UK Pounds
  • Shares Issued: 1,917.37m
  • Volume: 316,444
  • Market Cap: £1,545.40m
  • RiskGrade: 39

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 80.60p
Change Today 0.100p
% Change 0.12 %
52 Week High 97.90p
52 Week Low 68.20p
Volume 316,444
Shares Issued 1,917.37m
Market Cap £1,545.40m
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.77% below the market average38.77% below the market average38.77% below the market average38.77% below the market average38.77% below the market average
63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average
Price Trend
50.29% below the market average50.29% below the market average50.29% below the market average50.29% below the market average50.29% below the market average
60.4% below the sector average60.4% below the sector average60.4% below the sector average60.4% below the sector average60.4% below the sector average
Income
38.27% above the market average38.27% above the market average38.27% above the market average38.27% above the market average38.27% above the market average
27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average
Growth
1.58% below the market average1.58% below the market average1.58% below the market average1.58% below the market average1.58% below the market average
13.98% below the sector average13.98% below the sector average13.98% below the sector average13.98% below the sector average13.98% 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
  Interim Final
Ex-Div 16-Oct-25 01-May-25
Paid 13-Nov-25 29-May-25
Amount 1.00¢ 2.19¢

Trades for 15-Oct-2025

Time Volume / Share Price
13:06 1 @ 80.40p
13:05 30 @ 80.44p
13:00 9 @ 80.60p
13:00 180 @ 80.60p
12:49 156 @ 80.40p

Coats Group Key Personnel

Chair David Gosnell
CEO David Paja
CFO Hannah Nichols

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