Norges Bank raises holding in Coats Group stock to 4.01 percent

Published on 10/02/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 837 million in the first half of 2026, up 1.00 percent organically. Coats Group stock costs EUR 0.96 on October 2, 2026 versus EUR 0.97.

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Coats Group (ISIN GB00B4YZN328) saw Norges Bank raise its voting stake from 3.01 percent to 4.01 percent, according to a filing published by TradingView on October 1, 2026. Coats Group was trading at EUR 0.96 at Lang & Schwarz on October 2, 2026 at 2:39 p.m. CEST, down 1.03 percent versus the EUR 0.97 prior close.

Voting stake crosses 4 percent

The filing states that Norges Bank crossed the 4.00 percent threshold on September 30, 2026, holding 76,798,315 voting rights. The change from 3.01 percent to 4.01 percent gives the regulatory notice a concrete comparison rather than merely recording a new ownership level.

The filing identifies Coats Group plc as the issuer and assigns the same GB00B4YZN328 ISIN to the shares. For investors, the relevant signal is the size of the disclosed stake and its change, not a new operating forecast.

Half-year profit points higher

Coats reported first-half 2026 revenue of USD 837 million, up 1.00 percent organically, while adjusted operating profit increased 19.00 percent to USD 166 million and the adjusted operating margin reached 19.80 percent, according to Halifax on July 28, 2026.

The operating result grew faster than revenue, which points to operational leverage in the reported period. Coats also said full-year expectations remained unchanged, while apparel posted 1.00 percent organic growth and footwear returned to growth in the second quarter of 2026.

London quote below yearly high

Coats Group was at GBp 80.55 on the London Stock Exchange on October 2, 2026 at 1:54 p.m. BST, versus a 52-week high of GBp 98.60 and a 52-week low of GBp 58.25. The quote stood 18.28 percent below the high, leaving the operating improvement and the disclosed ownership change to be assessed against a share price well below its yearly peak.

Euro quote sets the reference

At Lang & Schwarz, Coats Group was trading at EUR 0.96 on October 2, 2026 at 2:39 p.m. CEST, down 1.03 percent versus the prior close of EUR 0.97. The further course of trading is shown by the continuously updated real-time quote of Coats Group stock.