Coats Group (COA.L) reported that its fiscal 2024 pretax profit increased to $172.1 million from $155.8 million, last year. Earnings per share, in cents, was 4.96 compared to 5.13. Adjusted EBIT was $270 million compared to $233 million. Adjusted basic earnings per share, in cents, was 9.5 compared to 8.0.
For the year ended 31 December, 2024, revenue was $1.50 billion compared to $1.39 billion, prior year. Revenue was up 8% on a reported basis and 9% CER.
For 2025, the Group anticipates another year of financial and strategic progress, in line with market expectations.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.