Last checked at 23 Jun 2015 07:09
23 June 2015
Coats Group plc
Capital Markets Day
Coats Group plc ('Coats' or the 'Company'), the world's leading industrial thread and consumer textile crafts business, is hosting a Capital Markets Day for investors and analysts in London this afternoon, where senior management will share insights into the Coats business.
No material new information, forward looking financial information or update on trading will be disclosed. The presentation will be made available on the Company's website, www.coats.com, later today. Coats will release its half year results on 3 August 2015.
Enquiry details
Jaideep Thatai | Head of Investor Relations | jaideep.thatai@coats.com | +44 20 8210 5086
Richard Mountain | FTI Consulting | richard.mountain@FTIconsulting.com | +44 20 3727 1374
Geoff Senescall | senescall@senescallakers.co.nz | +64 9 309 5659 (New Zealand and Australia)
About Coats
With a rich heritage dating back to the 1750s, Coats is the world's leading industrial thread and consumer textile crafts business, at home in more than 70 countries, employing approximately 20,000 people across six continents. Revenues in 2014 were US$1.7bn.
Our well-known brands and strong relationships with customers and consumers mean our products and services meet current and future needs. Our company-wide understanding of our business partners and consumers, coupled with the deep expertise of our people, builds trust and certainty.
Coats' pioneering history and innovative culture ensure the company continues leading the way around the world: providing complementary and value added products and services to the apparel and footwear industries; extending the crafts offer into new markets and online; and applying innovative techniques to develop products in new areas such as tracer threads, aramids and fibre optics.
· One in five garments on the planet is held together using Coats' thread
· More than 100 million car airbags are made using Coats' thread every year
· Coats produces enough yarn to knit 70 million scarves a year
· Every three hours Coats makes enough thread to go to the moon and back
· More than 450 million pairs of shoes are made every year using Coats' thread
· In 1879 Thomas Edison used Coats' thread in his experiments to invent the light bulb
· Every week over 10 billion teabags are brewed using Coats' thread
· Coats produces enough thread to reach around the Equator every ten minutes
· Thousands of surgical operations take place every day using Coats' thread
· Coats is the second largest and fastest growing global zip manufacturer
To find out more about Coats visit www.coats.com