Quick Facts

Coats Group FY24 Pretax Profit Rises

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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by RTTNews Staff Writer

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