OUR PURPOSE IS TO CONNECT TALENT, TEXTILES AND TECHNOLOGY TO MAKE A BETTER AND MORE SUSTAINABLE WORLD.

Discover our strategy in action

Big, bold, game-changing ideas are crucial to delivering this. We are accelerating profitable sales growth through our ground-breaking sustainable products and solutions, transforming Coats for the future and creating value for our customers, their industries, our shareholders, our people and the communities in which we operate.


CREATING A GLOBAL
FOOTWEAR  CHAMPION

WINNING WITH THE WINNERS


BUILDING FOR
THE FUTURE

CEO’s statement

RAJIV SHARMA

GROUP CEO

Coats has delivered a very strong financial and operational performance in 2022 and continues to transform the business with significant momentum on strategic projects and creation of a global footwear champion.

Download full statement

2022 HIGHLIGHTS

10%
Organic Revenue Growth
$20m
Strategic projects savings in 2022 on track to deliver $70m in 2024
14.8%
Adjusted EBIT margin
37%
Recycled sales growth
$235m
Adjusted EBIT
$114m
Adjusted free cash flow

At a glance

SPORTS GOODS COMPOSITES

SPORTS GOODS COMPOSITES

Footwear brands and athletes desire lightweight materials that provide better support, stability and performance to increase their competitive edge. Our Lattice Lite Eco range of products uses the combinations of reinforcement and matrix fibres to create sustainable composite plates with intelligent component performance whilst reducing material and process waste.

APPAREL

a couple of women holding balls

APPAREL

Coats is the global market leader in supplying premium sewing thread to the apparel industry, and is estimated to be over twice the size of the nearest thread competitor. The global thread market is estimated to be c.$3.4bn. We are one of the few global players of a key supply chain component in the $1.4tn global apparel industry which is projected to grow at low single digits in the medium term.

FOOTWEAR

a red and white shoe

FOOTWEAR

Coats is the global market leader in supplying highly engineered structural components and performance thread to the footwear industry. We estimate the structural components addressable markets to be $0.6bn in which, through our recent acquisitions of Texon and Rhenoflex, we enjoy a market leading share of over 20% in a fragmented market. The global footwear threads market is c.$0.6bn, where we also have a long-established leading position.

PERFORMANCE MATERIALS

PERFORMANCE MATERIALS

We are global experts in the design and supply of highly engineered performance threads, yarns and lightweight composites used in a range of industries including thermal and cut-protective wear, telecom and oil & gas infrastructure, automotive and feminine hygiene products. We estimate the total addressable market that we could realistically supply in the near term to be c.$3.0bn, giving us an estimated market share of around 15%.

COUNTRIES

COUNTRIES

50+

CUSTOMERS GLOBALLY

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CUSTOMERS GLOBALLY

34,000

EMPLOYEES

a man wearing headphones

EMPLOYEES

17,000

YEARS OF TEXTILE EXPERIENCE

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YEARS OF TEXTILES EXPERIENCE

>250

DRAG TO EXPLORE

SPORTS GOODS COMPOSITES

Footwear brands and athletes desire lightweight materials that provide better support, stability and performance to increase their competitive edge. Our Lattice Lite Eco range of products address these needs by using the desired combinations of reinforcement fibre and matrix fibres in an optimized fibre layering process to create sustainable composite plates with intelligent component performance whilst reducing material and process waste. Our Lttice Lite range of products have been adopted by Salomon for their road running and trail shoes.

APPAREL

a close-up of a tennis racket

As the Global leader by market share in industrial threads in the apparel industry, Coats delivers speed, innovation, quality, reliability and sustainability, catering to the specific design requirements of over 40,000 customers.

FOOTWEAR

We have become the world’s leader, by market share in footwear components, by combining our longstanding threads for footwear with our highly complimentary footwear component acquisitions.

PERFORMANCE MATERIALS

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Segments:

Personal Protection: multi hazard Industrial applications for industrial, energy, fire fighting and military wear.

Composites: Fiber optic, light weighting for telecoms and automotive.

Performance Thread: Automotive safety and content. Consumer demand including household and medical and hygiene applications.

COUNTRIES

50+

CUSTOMERS GLOBALLY

34,000

EMPLOYEES

17,000

YEARS OF TEXTILE EXPERIENCE

a close-up of a shopping cart
17,000