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Coats upgrades targets as FY profits jump on footwear, apparel

By Frank Prenesti

Date: Thursday 06 Mar 2025

(Sharecast News) - Industrial thread and shoe component maker Coats on Thursday upgraded medium-term targets as it reported a jump in annual earnings, driven by its apparel and footwear divisions.
Pre-tax profit jumped to $172.1m from $155.8m a year earlier. Operating profit increased to almost $200m from $184m on an 8%...

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