Company Analysis

Coats sees 'modest' revenue rise on market recovery

By Frank Prenesti

Date: Thursday 07 Mar 2024

(Sharecast News) - Industrial threads maker Coats said it expected "modest" revenue growth this year as markets recovered in the second half after reporting higher 2023 profits.
The company, which makes threads for the shoe and clothing industries, said pre-tax profit for the year to December 31 rose to $155m from...

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