coats group news and archive

Coats Group delivers revenue increase of 7 percent

The Coats Group recorded organic revenue growth of 7 percent and reported growth of 4 percent against a weak prior year comparator. The company said in a release that the improving trend was driven by apparel, where revenue was up 14 percent as customer inventories and buying patterns returned to more normalised levels. Footwear also returned to...

Business |REPORT

Coats reports marginal improvement in FY14 revenue

Guinness Peat Group in its preliminary financial results for the year ended December 31, 2014, incorporating the 2014 preliminary results for Coats said that the company’s revenue of 1,686 million dollars increased 1 percent on a like-for-like basis, with industrial up 5 percent. Guinness Peat Group (GPG) has also changed its name to Coats Group...