Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

82.40p
   
  • Change Today:
    -1.30p
  • 52 Week High: 88.70
  • 52 Week Low: 64.10
  • Currency: UK Pounds
  • Shares Issued: 1,597.81m
  • Volume: 1,204,511
  • Market Cap: £1,316.60m
  • RiskGrade: 39

Coats buys Texon International for $237m

By Frank Prenesti

Date: Wednesday 06 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m.
Texon, a company with operations in Asia and Europe, supplies structural components to the global footwear market, Coats said on Wednesday, adding that it would provide "attractive commercial opportunities".

Under the terms of the transaction, Coats has agreed to pay $211m in cash after deducting assumed retirement liabilities and other customary adjustments. The acquisition is expected to be earnings accretive and complete this month.

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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 82.40p
Change Today -1.30p
% Change -1.55 %
52 Week High 88.70
52 Week Low 64.10
Volume 1,204,511
Shares Issued 1,597.81m
Market Cap £1,316.60m
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.48% below the market average75.48% below the market average75.48% below the market average75.48% below the market average75.48% below the market average
87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average
Price Trend
61.32% above the market average61.32% above the market average61.32% above the market average61.32% above the market average61.32% above the market average
35.65% above the sector average35.65% above the sector average35.65% above the sector average35.65% above the sector average35.65% above the sector average
Income
15.91% below the market average15.91% below the market average15.91% below the market average15.91% below the market average15.91% below the market average
73.13% below the sector average73.13% below the sector average73.13% below the sector average73.13% below the sector average73.13% below the sector average
Growth
42% below the market average42% below the market average42% below the market average42% below the market average42% below the market average
10.09% below the sector average10.09% below the sector average10.09% below the sector average10.09% below the sector average10.09% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
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 02-May-24 19-Oct-23
Paid 30-May-24 15-Nov-23
Amount 1.99¢ 0.81¢

Trades for 07-Jun-2024

Time Volume / Share Price
16:47 19,392 @ 82.48p
16:35 742,069 @ 82.40p
16:35 3,440 @ 82.40p
16:35 8,881 @ 82.40p
16:35 4,080 @ 82.40p

Coats Group Key Personnel

Chair David Gosnell
CFO Jackie Callaway

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