Coats Group Full Year 2024 Earnings: Misses Expectations

editorial-team@simplywallst.com (Simply Wall St)

Mon, Mar 17, 2025, 10:17 PM 1 min read

Coats Group (LON:COA) Full Year 2024 Results

Key Financial Results

Revenue: US$1.50b (up 7.7% from FY 2023).
Net income: US$80.6m (down 3.1% from FY 2023).
Profit margin: 5.4% (down from 6.0% in FY 2023).
EPS: US$0.05 (down from US$0.052 in FY 2023).

revenue-and-expenses-breakdown — LSE:COA Revenue and Expenses Breakdown March 18th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Coats Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 38%.

The primary driver behind last 12 months revenue was the Apparel segment contributing a total revenue of US$769.8m (51% of total revenue). Notably, cost of sales worth US$953.1m amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$173.3m (37% of total expenses). Explore how COA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are up 2.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Coats Group (1 is concerning!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.