Thread maker Coats said group sales in the quarter to April 30 for the period grew 5% year-on-year on a constant currency basis, driven by a strong performance in its industrial business, which rose 6%. Reported sales growth was 8% due to the dollar weakening against certain key trading currencies such as yuan, euro, Indian rupee and Mexican peso, Coats added. Coats highlighted continued momentum in apparel and footwear, which was up 3%. The company said it expected to meet full year ...Den vollständigen Artikel lesen ...