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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ReorganisationReorganisation activity• Reorganisation activity on track –within the $75m outlined in November2012• Announced the restructuring of EMEACrafts to drive margin improvement.Expect adverse top-line impact asunprofitable areas of activity eliminated• Rationalisation of EMEA Zipsbusiness in 2012 to enhanceoperational efficiencyReorganisation activity by Division2012 2011$'mIndustrial 12.1 0.9Crafts 27.8 13.7Exceptional reorganisation cost 39.9 14.6Original projects 16.0 14.6Accelerated projects 23.9Cash outflow in year 21 .4 13.7• Accelerated projects to be cashneutral overall when includingdisposal proceeds© <strong>GPG</strong> <strong>Group</strong> <strong>and</strong> <strong>Coats</strong> <strong>plc</strong> | Financial results for year ending 31 December 2012 Page 20
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