Coats Group Plc announces an interim dividend of 1.05 cents per share

DividendMax Ltd.

Coats Group Plc announces an interim dividend of 1.05 cents per share

Coats Group Plc are declaring an interim dividend of 1.05 cents per share, a 5% increase from the 2025 interim dividend. The interim dividend will be paid on 12 November 2026 to ordinary shareholders on the register at 16 October 2026, with an ex-dividend date of 15 October 2026.

Other financial highlights include:

Group revenue of $837m, 1% up on an organic CER basis with:

o Apparel delivering 1% organic growth, driven by portfolio-wide share gains and strong growth in China domestic and automotive thread markets

o Footwear delivering flat organic revenue, with significant acceleration in Q2 despite soft market, and strong growth from composite tapes for energy markets

o OrthoLite revenue lower year-on-year against very strong prior year comparator with temporary capacity challenges in Indonesia being resolved

Group adjusted EBIT margin maintained at 19.8% with OrthoLite accretion, cost and procurement discipline enabling continued investment in growth initiatives

Adjusted basic earnings per share 4.4c (H1 2025: 4.7c)

Free cash flow of $30m (H1 2025: $38m), leverage5 on track to 2.0x or below at end of 2026 given normal seasonal H2 cash generation weighting

Companies mentioned