February 24, 2017 / 7:40 AM / 7 months ago

BRIEF-Coats Group expects in-line growth after 2016 revenue rise

Feb 24 (Reuters) - Coats Group Plc:

* 2016 revenue up 2 pct on a CER basis to $1,457 million (down 1 pct reported)

* 2016 adjusted EPS up 23 pct to 4.91c (reported EPS of 4.28c)

* Recommends a final dividend of 0.84 us cents per share payable in May 2017

* Enter 2017 on a solid footing however remain cautious about market conditions - CEO

* Expect to continue to deliver growth in line with management’s expectations - CEO Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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