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Coats Group Releases 2024 Annual Financial Report Highlighting Sustainability and Innovation

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Coats Group Releases 2024 Annual Financial Report Highlighting Sustainability and Innovation

Coats Group plc ( (GB:COA) ) has shared an update.

Coats Group plc has released its Annual Financial Report for 2024, which is now available on their website and the National Storage Mechanism. The report details the company’s financial performance, with a revenue of $1.5 billion, and outlines its commitment to sustainability and innovation. The release of the report is significant for stakeholders as it highlights Coats’ strategic focus on maintaining its market position and advancing its sustainability goals, including its aspiration to achieve net-zero by 2050.

More about Coats Group plc

Coats Group plc is a global leader in thread manufacturing and structural components for apparel and footwear, and a pioneer in performance materials. Headquartered in the UK, Coats is a FTSE250 company with a revenue of $1.5 billion in 2024. The company operates in over 50 countries with more than 16,000 employees, providing innovative and sustainable solutions across various industries, including apparel, footwear, automotive, telecoms, and personal protection.

YTD Price Performance: -11.97%

Average Trading Volume: 2,438,076

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.28B

For an in-depth examination of COA stock, go to TipRanks’ Stock Analysis page.

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