Coteminas stock tracks a 10 plant textile group

Coteminas stock represents a textile group with 10 production plants across Brazil and Argentina. The company operates through bedding, bath, apparel and intermediate textile products, while its corporate history reaches back to 1967.

Ten plants define the operating base

According to Coteminas, its first spinning and textile factory began operating in Montes Claros, Brazil, in 1975. The group later expanded through facilities in Natal, Campina Grande, Blumenau and João Pessoa, building a vertically integrated structure from spinning and weaving through dyeing, printing, finishing and apparel production.

The company profile also identifies nine operating units in Brazil and one in Argentina. Its consumer portfolio includes Artex, MMartan and Casa Moysés in Brazil, alongside Palette, Arco-iris and Fantasia in Argentina, while its professional business supplies products for hotels and other customers.

Historical figures show financial pressure

Historical fiscal year 2023 revenue stood at BRL 775.00 million after declining at an annual rate of 3.1 percent over 19 years, according to Eulerpool. The same historical record shows a fiscal year 2023 net loss of BRL 688.00 million and a net margin of -88.8 percent.

The comparison matters because revenue contraction and the net loss point to a business under financial strain, even though the operating footprint remains substantial. Coteminas also states that it became involved in the Springs Global structure in 2006, combining Brazilian manufacturing capacity with North American distribution and brands.

CTNM4.SA identifies the share class

Eulerpool lists CTNM4.SA as the ticker for Companhia de Tecidos Norte de Minas Coteminas em Recuperacao Judicial. The company profile describes Coteminas as a publicly traded holding company operating textile businesses in Brazil and abroad.

Corporate history remains central

Coteminas began in 1967, entered production in 1975 and added Santanense to its consolidated structure in 2004, according to Coteminas. Those milestones frame the stock as a restructuring and operating-footprint story rather than a simple growth case.