The company said sales for the period 1 January to 30 April grew 5% at constant exchange rates, while reported sales growth was 8% due to the US dollar weakening against key currencies like the yuan, euro, rupee and Mexican peso. The UK-based group’s industrial business enjoyed strong performance, with the Apparel and Footwear business seeing sales up 3% and the Performance Materials business up 19% year-on-year. The acquisition of Patrick Yarn Mill in the US in December boosted the Performance Materials business by 15%, according to a release.คำพูดจาก สล็อตเว็บตรง

While the industrial division boomed, the crafts division suffered a setback in North America, where market conditions remained tough. This, coupled with the adverse impact of the introduction of own-label hand knitting products at a major customer, meant that Crafts sales declined 4% at current exchange rates.Coats has embarked on a two year transformation programme designed to take the business into the digital age. This project is expected to help it deliver net annualised operating cost savings of $15 million by 2020.Looking ahead, Coats anticipates delivering 2018 full year results in line with expectations.
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