Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

72.00p
   
  • Change Today:
      3.80p
  • 52 Week High: 104.20p
  • 52 Week Low: 68.20p
  • Currency: UK Pounds
  • Shares Issued: 1,597.81m
  • Volume: 8,535,796
  • Market Cap: £1,150.42m
  • RiskGrade: 39
  • Beta: 0.03

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Coats Group to sell European Zips business for $1m

By Michele Maatouk

Date: Tuesday 04 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Industrial thread maker Coats Group said on Tuesday that it has agreed to sell its European Zips business to Aequita, a German family office, for $1m.
Coats said an exit from European zips is in line with its strategic initiatives, announced in March 2022, "to optimise the company's portfolio and footprint, and improve the overall cost base efficiency".

In the year to the end of December 2022, the European zips business generated revenues of around $50m at operating margins well below the group average.

The deal is expected to complete in the third quarter of this year.

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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 72.00p
Change Today 3.80p
% Change 5.57 %
52 Week High 104.20p
52 Week Low 68.20p
Volume 8,535,796
Shares Issued 1,597.81m
Market Cap £1,150.42m
Beta 0.03
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
18.71% below the market average18.71% below the market average18.71% below the market average18.71% below the market average18.71% below the market average
12.73% below the sector average12.73% below the sector average12.73% below the sector average12.73% below the sector average12.73% below the sector average
Income
23.81% above the market average23.81% above the market average23.81% above the market average23.81% above the market average23.81% above the market average
56.67% below the sector average56.67% below the sector average56.67% below the sector average56.67% below the sector average56.67% below the sector average
Growth
17.99% below the market average17.99% below the market average17.99% below the market average17.99% below the market average17.99% below the market average
14.58% below the sector average14.58% below the sector average14.58% below the sector average14.58% below the sector average14.58% 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 01-May-25 17-Oct-24
Paid 29-May-25 14-Nov-24
Amount 2.19¢ 0.93¢

Trades for 10-Apr-2025

Time Volume / Share Price
15:47 207 @ 72.90p
15:10 2 @ 72.60p
16:35 1,965,057 @ 72.00p
16:35 666 @ 72.00p
16:35 6,699 @ 72.00p

Coats Group Key Personnel

Chair David Gosnell
CFO Jackie Callaway
CEO David Paja

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