Coats Group Plc releases trading update

  • Nov 22, 2019 GMT
  • Team Kalkine
  • Group sales growth for the year ended 31 October 2019 was 1% on CER basis
  • Sales of Apparel and Footwear was up 1% while that of Performance Materials was up 2%, both on CER bases
  • For four months from July to October 2019, group sales were flat on a CER basis
  • The company’s light-weighting composite offerings have evoked commercial interest from the transportation industry
  • On 22nd November 2019, COA shares were trading at GBX 67.65 at GMT 09:24 AM, down 6.35 points or 8.58% from the previous day’s closing price level.

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