2020 Half Year results
(WorldNews Turkey)

13 August 2020 Coats Group plc 2020 Half Year Results Strong cash performance; demand trend improving through Q2 Coats Group plc (`Coats,` the `Company` or the `Group`), the world`s leading industrial thread manufacturer, announces its unaudited results for the six month period ended 30 June 2020 (the `period`). Continuing operations 3 H1 2020 H1 2019 Change CER Organic change 1 change 1 Revenue $536m $705m (24)% (21)% (26)% Adjusted 1 Operating profit $34m $102m (67)% (66)% (66)% Basic earnings per share 0.0c 3.4c Free cash flow (6 months) $(5)m $21m Return on capital employed (ROCE) 5 28% 40% Leverage 6 1.3x 0.9x Reported 2,3 Operating profit $29m $101m Basic earnings per share (0.6)c 3.4c...