GPG Group and Coats plc
Download Full Year Results Presentation PDF - Coats plc
Download Full Year Results Presentation PDF - Coats plc
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Industrial performanceAsia & Australasia• Strong sales growth in second half• Continuing inflationary pressures• Impacted by EMEA end-user marketsEMEA• Tight inventory control by retailers• Reduced central EU opportunity asimports fully made <strong>and</strong> not cut-<strong>and</strong>-makeAmericasIndustrial performance by region 1$'mRevenue2012 2011 2 YoY% YoY%H2Asia & Australasia 625 609 3% 6%EMEA 254 255 0% 1%Americas 296 304 (3)% (3)%Total 1175 1168 1% 2%Operating profit 3 110.8 117.9 (6)%• Significant drop in defence sector dem<strong>and</strong>• Increased levels of imports intoLatin America markets• Lower consumer dem<strong>and</strong> in Latin America1In line with changes in 2012 to the internal management structure, Asia & AustralasiaCrafts results are now reported in the Industrial Division <strong>and</strong> comparative 2011 figureshave been restated accordingly. Sales <strong>and</strong> operating profit 3 for this business in 2012were $79m <strong>and</strong> $5m respectively2At constant exchange rates3Underlying operating profit excluding reorganisation <strong>and</strong> other exceptional itemsOperating profit % 9.4% 10.1%296254625Asia & AustralasiaEMEAAmericas© <strong>GPG</strong> <strong>Group</strong> <strong>and</strong> <strong>Coats</strong> <strong>plc</strong> | Financial results for year ending 31 December 2012 Page 17
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