Gates Industrial

Gates Industrial Corp. Plc is a holding company, which engages in the manufacture of engineered power transmission and fluid solutions. It operates through the following segments: Power Transmission and Fluid Power. The Power Transmission segment includes elastomer drive belts, and related components used to efficiently transfer motion in a broad range of applications. The Fluid Power segment consists of hoses, tubing, and fittings designed to convey hydraulic fluid at high-pressures in both mobile and stationary applications, and high-pressure and fluid transfer hoses used to convey various fluids. The company was founded on September 25, 2017, and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2024

Gates Industrial reports robust Q4 growth amidst supply chain challenges

Gates Industrial delivered strong Q4 performance with revenue growth and improved EBITDA margin. Despite challenges in China and supply chain issues, the company remains focused on productivity and cash flow. Opportunities lie in global auto OEM growth and new product development.

Gates Industrial reports solid Q1 performance amidst cybersecurity challenges

Gates Industrial showed resilience in Q1 despite a cybersecurity incident, achieving positive free cash flow and strong core growth.
While facing challenges from the incident and variable compensation expectations, the company's strategic strengths lie in its automotive replacement business and shareholder value commitment.
Opportunities for growth include ongoing restructuring projects, reduced automotive OEM exposure, and guidance for a positive full year performance.
Overall, Gates Industrial's performance in Q1 demonstrates a balanced approach to navigating challenges and capitalizing on opportunities for future growth.

Gates Industrial beats Q2 guidance, eyes profitability enhancements

Gates Industrial's Q2 performance exceeded expectations, driven by automotive and EMEA growth. Challenges in China and extended lead times in Power Transmission segment. Opportunities lie in enhancing profitability and cash flow generation.

Gates Industrial Achieves Record Q3 Results, Eyes Growth Opportunities

Gates Industrial's Q3 performance was robust, with record revenues and adjusted EPS. Despite challenges in industrial markets, the company's automotive segment outperformed. With improved margins and cash flow, Gates Industrial is well-positioned for growth, supported by operational enhancements and a resilient European market.

Gates Industrial reports strong 2023 performance amidst market challenges

Gates Industrial showcased strong financial performance in 2023, with margin expansion and cash conversion driving improved profitability and reduced leverage.
While facing challenges in declining industrial markets and weak European segments, the company is focused on cost savings, debt reduction, and shareholder value enhancement.
Opportunities lie in modest growth expectations, M&A potential, and technological innovations, positioning Gates Industrial for future success and market differentiation.
Overall, Gates Industrial's strategic focus on financial discipline, operational efficiency, and innovation sets a solid foundation for sustainable growth and value creation.

Gates Industrial reports Q1 revenue decline but margin improvement

Gates Industrial's Q1 performance saw revenue decline but margin improvement.
The company faces challenges from market choppiness and sector headwinds.
Opportunities lie in personal mobility recovery, data center growth, and cost efficiencies.
Overall, Gates Industrial is focused on margin expansion and operational improvements.

Gates Industrial reports Q2 revenue decline, focuses on profitability

Gates Industrial faced revenue decline in Q2 2024 but improved EBITDA margin through strategic initiatives.
Challenges include soft demand in key markets, while opportunities lie in growth areas like personal mobility.
The company is proactively addressing challenges with cost-saving measures and optimization plans.
Overall, Gates Industrial aims to navigate market uncertainties and drive profitability through focused strategies.

Gates Industrial reports mixed Q3 results, eyes growth opportunities

Gates Industrial faced challenges in core sales decline and segment sales decreases but showed strength in EBITDA margins and financial stability.
The company's focus on enterprise initiatives, pricing strategies, and market share gains present growth opportunities amidst market challenges.
Optimism about future profitability, global auto replacement business, and stability in replacement markets highlight Gates Industrial's resilience and adaptability.
Updated guidance, narrowed EBITDA range, and improved adjusted EPS midpoint reflect confidence in future earnings growth potential.

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Gates Industrial Corporation plc's (GTES) CEO Ivo Jurek on Q1 2020 Results - Earnings Call Transcript

Gates Industrial Corporation plc (GTES) CEO Ivo Jurek on Q4 2019 Results - Earnings Call Transcript

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Gates Industrial Corporation plc (GTES) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Gates Industrial

Gates Industrial (GTES) closed the most recent trading day at $13.46, moving +0.67% from the previous trading session.

Gates Industrial (GTES) Gains As Market Dips: What You Should Know

Gates Industrial (NYSE: GTES), a manufacturer of power transmission and fluid power solutions, has seen its stock price rise by more than 40% over the last 3 months. The rally is driven partly by the company’s Q3 earnings beat, with the company posting an adjusted EPS of $0.22.

Why Has Gates Industrial Stock Rallied 40% Over The Last 3 Months?

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Gates Industrial Corporation plc (GTES) CEO Ivo Jurek on Q3 2019 Results - Earnings Call Transcript

Gates Industrial (GTES) delivered earnings and revenue surprises of 22.22% and -0.11%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Gates Industrial (GTES) Beats Q3 Earnings Estimates

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Gates Industrial recently reported its quarterly results.

Gates Industrial Continues Restructuring Amid Lower Industrial Demand

EVP & Chief Commercial Officer of Gates Industrial Corp Plc (30-Year Financial, Insider Trades) Grant Gawronski (insider trades) bought 8,000 shares of GTES on 08/09/2019 at an average price of $7.63 a share.

Gates Industrial Corp Plc (GTES) EVP & Chief Commercial Officer Grant Gawronski Bought $61,040 of Shares

Gates Industrial PLC (GTES) CEO Ivo Jurek on Q2 2019 Results - Earnings Call Transcript

Gates Industrial (GTES) delivered earnings and revenue surprises of -3.70% and -3.60%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Gates Industrial (GTES) Q2 Earnings and Revenues Miss Estimates

Gates Industrial Corporation plc (GTES) CEO Ivo Jurek on Q1 2019 Results - Earnings Call Transcript

News for Gates Industrial Stock (GTES)