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Coats holds guidance on strong sales, targets 18% op margin

By Frank Prenesti

Date: Wednesday 20 Nov 2024

(Sharecast News) - Industrial thread maker Coats said it expected full-year results to be in line with expectations and forecast an operating margin of around 18%, driven by strong sales growth.
After a strong first half, sales growth improved to 11% in the four months to October 31 compared with 8%...

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