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Gates Industrial (NYSE:GTES) FY Earnings Call Presentation
2025-11-12 21:30
Financial Performance & Growth - 2024 Revenue was $3.4 billion[14] - 2024 Adjusted EBITDA was $761 million[15] - 2024 Adjusted EPS was $1.39[22] - Q3 2025 Revenue reached $856 million, a 3% year-over-year increase[27] - Q3 2025 Adjusted EBITDA margin improved by 90 basis points year-over-year to 22.9%[28] - Q3 2025 Adjusted EPS increased by 18% year-over-year to $0.39[28] Market Opportunities & Strategy - The company anticipates double-digit core growth in growth markets[38] - The company expects Personal Mobility revenue to more than double by 2028, with a Compound Annual Growth Rate (CAGR) of approximately 30%[41, 58] - The company sees a potential revenue opportunity of approximately $100 million to $200 million by 2028 from liquid-cooled Data Center applications[58] Financial Targets & Outlook - The company is on track to deliver its mid-term Adjusted EBITDA margin target in 2027[50] - The company anticipates end markets to recover in 2026, driving incremental earnings growth[58]