Gates(US:GTES) Prnewswire·2026-02-12 12:30Core Insights - Gates Industrial Corporation reported a fourth-quarter net sales of $856.2 million, reflecting a 3.2% increase year-over-year, with core sales growth of 0.6% [1][2] - For the full year 2025, the company achieved net sales of $3,443.2 million, representing a 1.0% growth, including core sales growth of 0.7% [1][2] - The company generated an adjusted EBITDA of $770.1 million for the full year, with a margin of 22.4% [1][2] - The net income from continuing operations for the fourth quarter was $56.4 million, or a margin of 6.6%, and for the full year, it was $277.1 million, or a margin of 8.0% [1][2] - The company repurchased approximately $105 million of shares in the fourth quarter [1] Fourth-Quarter 2025 Financial Summary - Adjusted EBITDA for the fourth quarter was $187.8 million, with a margin of 21.9% [1][2] - Adjusted net income per diluted share for the fourth quarter was $0.38 [1] - Net income attributable to shareholders for the fourth quarter was $51.3 million, or $0.20 per diluted share [1][2] Full-Year 2025 Financial Summary - Operating cash flow generated was $478.1 million [1] - Adjusted net income per diluted share for the full year was $1.52 [1] - The company reported a net income attributable to shareholders of $251.4 million, or $0.96 per diluted share for the full year [1][2] 2026 Financial Guidance - The company anticipates free cash flow conversion exceeding 90% for 2026 [1] - Capital expenditures are expected to be approximately $120 million [1] - Adjusted earnings per share is projected to be in the range of $1.52 to $1.68 [1] - Adjusted EBITDA is expected to be between $775 million and $835 million [1] - Core sales growth is anticipated to be between 1% and 4% year-over-year [1]