📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Coats Group plc

 

Buy Coats Group plc shares

COATS GROUP PLC (COA) Shares

ABOUT COATS GROUP PLC

? Coats Group plc is an industrial thread manufacturing company. Its portfolio includes more than 40 manufacturing facilities across 50 countries in 6 continents world-wide.

? The company supplies sewing threads, interlinings, engineered yarns, reflective tapes as well as metal, spiral and plastic zips.

? These products are used in electronic textile, footwear, household items, health and food, fashion accessories, medical, automotive and other transport, luggage, personal protection, recreation, wire and cables, just to name a few.

? Coats is recognized as one of the largest manufacturers and suppliers of zips and sewing threads globally.

? Coats Group plc is a FTSE 250 Index company. It employs more than 18 000 people and is headquartered in Uxbridge, Middlesex, the United Kingdom. 

OVERVIEW OF COATS GROUP PLC

  • In 1812 Patrick Clark introduces an affordably priced, 3-ply sewing thread to the market as an alternative to silk. During these years the Clark businesses and Coats businesses are established and supplies products for Scotland’s textile industries.

  • In the early 1820’s the first Ferguslie mill in Paisley, Scotland is formed by James Coats. In 1890 Coats has its initial public offering on the London Stock Exchange.

  • In 1896 the company merges with the Clark businesses and create J&P Coats Ltd. By 1912 the company is one of the largest listed companies globally.

  • In the late 1986 the company merges with Vantona Viyella and it is renamed Coats Viyella. It buys Tootal Thread in the early 1990’s which expands its portfolio considerably. The company also buys a knitting yarn brand, Rowan Yarns, as well as a specialty thread manufacturer, Barbour Thread.

  • In 2003 Guinness Peat Group purchases Coats and the company is delisted from the London Stock Exchange.

  • In 2015 the company is renamed Coats Group plc and is listed on the London Stock Exchange. In the following years the company buys businesses and launches several new products.

VISION & VALUES OF COATS GROUP PLC

  • Coats Group plc’s vision is to be the leading company in its industry across the globe. It aims to build trust and create new business opportunities.

  • The company offers high-quality products at good prices to its customers and high earnings to shareholders.

  • Coats values its employees and ensures a safe, respectful and healthy work environment is provided. The company operates responsibly and acts with integrity and ethics.

MARKET PERFORMANCE OF COATS GROUP PLC

  • Coats Group plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “COA”.

  • Data analysis for the company’s half year results for 2019 reports a revenue of US Dollar 705 million, a 2 percent increase. Operating profit is US Dollar 102 million (Apparel and Footwear is US Dollar 79 million, and Performance Materials is US Dollar 23 million), an 8 percent increase.

  • Operating margin is 14.5 percent. Free cash flow is US Dollar 21 million. Interim dividends are 0.55c per share, a 10 percent increase.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

Freshforex Minimum Deposit

  Freshforex does not have a minimum deposit amount when opening a live trading account. Freshforex no minimum deposit has several benefits, particularly for beginner

Freshforex Fees and Spreads

  Freshforex spreads start from 1.3 pips, the commission is charged with the ECN account, starting from 0.0030% for forex. Freshforex does charge withdrawal fees,