A busy year for Coats concluded with progress on earnings and pensions. There is more to be done on both but with pension distractions substantially resolved and good cash credentials there are more strategic options available to management. The valuation has begun to normalise now and the return to dividend payment contributes to this.
10 Mar 2017
FY16 ahead, estimates nudged up
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FY16 ahead, estimates nudged up
Coats Group plc (COA:LON) | 80.0 0.1 0.1% | Mkt Cap: 1,278m
- Published:
10 Mar 2017 -
Author:
Toby Thorrington -
Pages:
3
A busy year for Coats concluded with progress on earnings and pensions. There is more to be done on both but with pension distractions substantially resolved and good cash credentials there are more strategic options available to management. The valuation has begun to normalise now and the return to dividend payment contributes to this.