Brief: Coats Group To Exit US Yarns Business
03/04/2025 07:19
April 3 (Reuters) - Coats Group PLC COA.L: COATS GROUP PLC - STRATEGIC EXIT FROM US YARNS COATS GROUP PLC - STRATEGIC EXIT FROM US YARNS COATS GROUP PLC - EXIT TO POSITIVELY IMPACT PM AND GROUP ADJUSTED EBIT MARGINS COATS GROUP PLC - EXIT PROCESS EXPECTED TO COMPLETE IN Q2 COATS GROUP - TO EXIT FROM PERFORMANCE MATERIALS DIVISION'S US YARNS BUSINESS BASED IN NORTH CAROLINA Source text: ID:nRSC4345Da Further company coverage: COA.L ((Reuters.Briefs@thomsonreuters.com;))