Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

86.80p
   
  • Change Today:
      0.60p
  • 52 Week High: 87.30
  • 52 Week Low: 64.10
  • Currency: UK Pounds
  • Shares Issued: 1,597.81m
  • Volume: 1,820,008
  • Market Cap: £1,386.90m
  • 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 86.80p
Change Today 0.60p
% Change 0.70 %
52 Week High 87.30
52 Week Low 64.10
Volume 1,820,008
Shares Issued 1,597.81m
Market Cap £1,386.90m
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.39% below the market average74.39% below the market average74.39% below the market average74.39% below the market average74.39% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Price Trend
73.06% above the market average73.06% above the market average73.06% above the market average73.06% above the market average73.06% above the market average
63.79% above the sector average63.79% above the sector average63.79% above the sector average63.79% above the sector average63.79% above the sector average
Income
9.96% below the market average9.96% below the market average9.96% below the market average9.96% below the market average9.96% below the market average
72.31% below the sector average72.31% below the sector average72.31% below the sector average72.31% below the sector average72.31% below the sector average
Growth
43.79% below the market average43.79% below the market average43.79% below the market average43.79% below the market average43.79% below the market average
8.26% below the sector average8.26% below the sector average8.26% below the sector average8.26% below the sector average8.26% 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 15-May-2024

Time Volume / Share Price
14:53 2,000 @ 86.72p
14:50 106 @ 86.80p
14:50 22 @ 86.80p
14:40 89 @ 86.90p
14:28 92 @ 86.90p

Coats Group Key Personnel

Chair David Gosnell
CFO Jackie Callaway

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