Coats Group plc reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 1,394.2 million compared to USD 1,537.6 million a year ago. Net income was USD 56.5 million compared to net loss of USD 14.7 million a year ago.

Basic earnings per share from continuing operations was USD 0.0518 compared to USD 0.0482 a year ago. Diluted earnings per share from continuing operations was USD 0.0513 compared to USD 0.0479 a year ago. Basic earnings per share was USD 0.0352 compared to basic loss per share of USD 0.0098 a year ago.

Diluted earnings per share was USD 0.0348 compared to diluted loss per share of USD 0.0097 a year ago.