Power transmission and fluid power solutions
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Gates Industrial to Participate in the 2025 Goldman Sachs Industrials and Materials Conference
Prnewswire· 2025-11-24 21:30
Core Insights - Gates Industrial Corporation plc will participate in the 2025 Goldman Sachs Industrials and Materials Conference on December 3, 2025, with CFO Brooks Mallard presenting at 2:10 pm Eastern time [1]. Company Overview - Gates Industrial Corporation plc is a global manufacturer specializing in innovative, highly engineered power transmission and fluid power solutions [3]. - The company offers a broad portfolio of products to diverse replacement channel customers and original equipment manufacturers (OEMs) [3]. - Gates operates in various sectors of the industrial and consumer markets, with products used in a wide range of applications from harsh industries to everyday consumer uses, including transportation [3]. - The company's products are sold in over 130 countries across four commercial regions: the Americas, Europe, Middle East & Africa, Greater China, and East Asia & India [3].
Gates Industrial to Participate in the Baird 2025 Global Industrial Conference
Prnewswire· 2025-11-04 21:30
Core Insights - Gates Industrial Corporation plc will participate in the Baird 2025 Global Industrial Conference on November 12, 2025, with CEO Ivo Jurek presenting at 3:30 PM Central time [1]. Company Overview - Gates Industrial Corporation plc is a global manufacturer specializing in power transmission and fluid power solutions, offering a diverse portfolio of products to replacement channel customers and original equipment manufacturers (OEMs) [3]. - The company operates in various sectors of industrial and consumer markets, with products used in a wide range of applications from harsh industries to everyday consumer uses, including transportation [3]. - Gates products are sold in over 130 countries across four commercial regions: the Americas, Europe, Middle East & Africa, Greater China, and East Asia & India [3].
Gates Industrial Announces Third-Quarter 2025 Earnings Release Date
Prnewswire· 2025-10-14 20:30
Core Insights - Gates Industrial Corporation plc will release its third-quarter earnings on October 29, 2025, before market opening [1] - A conference call to discuss the financial results will be held on the same day at 11:30 a.m. Eastern time [1] Company Overview - Gates is a global manufacturer specializing in power transmission and fluid power solutions, offering a wide range of products for various industrial and consumer markets [2] - The company serves diverse replacement channel customers and OEMs, with products utilized in numerous applications across different sectors [2] - Gates operates in over 130 countries, divided into four commercial regions: the Americas, Europe, Middle East & Africa, Greater China, and East Asia & India [2]
Gates Releases 2024 Corporate Sustainability Report
Prnewswire· 2025-08-06 20:30
Core Insights - Gates emphasizes sustainability as a strategic priority that drives innovation, enhances stakeholder trust, and supports long-term performance [1][2] Governance - The company has strengthened its data governance and cybersecurity protocols to safeguard stakeholder trust and support enterprise-wide initiatives [6] - Gates improved its supplier onboarding process to ensure consistent and responsible practices throughout the supply chain [6] Technology - Gates is redefining product circularity, achieving 100% diversion of rubber waste from landfills at 21 facilities and remanufacturing 32% of rubber scrap in 2024 [6] - The company was awarded 132 patents in 2024, which supports its Eco-Innovation™ efforts to create longer-lasting, lighter, and more sustainable solutions [6] Environment - Gates increased its renewable energy usage by 6% in 2024 through investments in onsite solar and purchasing renewable energy credits [6] Stewardship - The company invested in employee development, with a 160% increase in participants in training and mentorship programs from 2023 [6] - Gates provides an on-demand learning library and on-the-job opportunities to enhance skillsets and contribute to community development [6]
Gates Industrial Reports Second-Quarter 2025 Results
Prnewswire· 2025-07-30 12:00
Core Viewpoint - Gates Industrial Corporation reported solid second-quarter results with positive core sales growth in Replacement channels and double-digit growth in Mobility business, alongside a return to growth in Agriculture for the first time since Q4 2022 [2][9] Financial Summary - Second-quarter net sales were $883.7 million, a decrease of 0.2% year-over-year, with core sales declining by 0.6% [9] - Net income attributable to shareholders was $56.5 million, or $0.22 per diluted share, while adjusted net income per diluted share was $0.39 [9][13] - Adjusted EBITDA for the quarter was $199.2 million, representing a margin of 22.5% [9][13] Segment Performance Power Transmission Segment - Net sales for the three months ended June 28, 2025, were $550.1 million, up 1.5% from $541.9 million in the prior year, with a core sales increase of 0.6% [3] - Adjusted EBITDA was $122.8 million, with an adjusted EBITDA margin of 22.3% [3] Fluid Power Segment - Net sales for the three months ended June 28, 2025, were $333.6 million, down 2.9% from $343.6 million in the prior year, with a core sales decline of 2.5% [4] - Adjusted EBITDA was $76.4 million, with an adjusted EBITDA margin of 22.9% [4] Guidance for 2025 - The company raised its full-year guidance for 2025, expecting core sales growth between 0.5% to 2.5% year-over-year, adjusted EBITDA of $765 million to $795 million, and adjusted earnings per share of $1.44 to $1.52 [5][10]
Gates Industrial Announces Second-Quarter 2025 Earnings Release Date
Prnewswire· 2025-07-11 12:00
Company Overview - Gates Industrial Corporation plc is a global manufacturer specializing in innovative, highly engineered power transmission and fluid power solutions [2] - The company offers a broad portfolio of products catering to diverse replacement channel customers and OEMs, participating in various sectors of industrial and consumer markets [2] - Gates' products are essential in a wide range of applications across different end markets, including harsh industries and everyday consumer applications, and are sold in over 130 countries [2] Upcoming Earnings Release - Gates Industrial will issue its second-quarter earnings release before the market opens on July 30, 2025 [1] - Management will host a webcast and conference call on the same day at 11:30 a.m. Eastern time to discuss the financial results [1] - An audio replay of the conference call will be available from approximately 2:30 p.m. Eastern time on July 30, 2025, until 11:59 p.m. Eastern time on August 6, 2025 [1][3]
Gates Industrial Announces Time Change for First-Quarter 2025 Conference Call
Prnewswire· 2025-04-14 21:21
Company Announcement - Gates Industrial Corporation plc has rescheduled its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on April 30, 2025 [1] - The access information for the conference call remains unchanged, with an audio replay available from approximately 1:00 p.m. Eastern time on April 30, 2025, until 11:59 p.m. Eastern time on May 7, 2025 [1] Company Overview - Gates is a global manufacturer specializing in innovative, highly engineered power transmission and fluid power solutions [2] - The company offers a broad portfolio of products to diverse replacement channel customers and OEMs, participating in various sectors of industrial and consumer markets [2] - Gates' products are essential in a wide range of applications across different end markets, including harsh industries and everyday consumer applications, and are sold in over 130 countries [2]