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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Strategy update• <strong>GPG</strong> will be re-launched as <strong>Coats</strong> – target completion remains the second half of 2013 (subject to internal <strong>and</strong>external events)• A transition plan has been in train for several months <strong>and</strong> incorporates the following key initiatives:– Reconstitution of the Board to ensure it has the requisite skills to develop <strong>Coats</strong> as a st<strong>and</strong>-alone,listed entity for the long-term– Enhance the current business performance <strong>and</strong> strategic positioning of <strong>Coats</strong>– Define <strong>and</strong> implement the optimal capital structure for <strong>Coats</strong> to achieve its strategic objectives <strong>and</strong>optimise its capital markets positioning– Finalisation of the structure to support the <strong>GPG</strong> pension schemes– Maximise cash distributions to shareholders© <strong>GPG</strong> <strong>Group</strong> <strong>and</strong> <strong>Coats</strong> <strong>plc</strong> | Financial results for year ending 31 December 2012 Page 5
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