Coats Group Finishes Year Strong
The industrial yarn and footwear component supplier’s bottom line improved 42% to $80.1 million in income from last year’s $56.5 million on 8% higher sales of $1,500.9 million against $1,394.2 million powered by growth in apparel and footwear. Apparel was up 12% to $770 million from $689 million, but that increase would have been 13% at constant currency. Footwear grew 10% to $403 million from $368 million and up ... Log in to view full article.
