GATES IND.CORP PLC DL-,01

Gates Industrial will present on 31 July 2026 the results for the quarter ended 30 June 2026. On average, 11 analysts expect an EPS of 0.416 USD (prior year 0.220 USD) and nine analysts estimate quarterly revenue at around 925.4 million USD (prior year 883.7 million, +4.72%). For the current fiscal year, 11 analysts forecast an average EPS of 1.64 USD and 10 analysts see revenue at about 3.58 billion USD (prior year 3.44 billion). » Więcej na finanzen.net

Gates reported adjusted EPS of $0.35 for Q1 2026, topping the analyst estimate of $0.33, while revenue of $851.1m was slightly below consensus. Results were weighed down by the ERP implementation in Europe and fewer working days, which reduced organic revenue by roughly 600 basis points, although underlying demand improved in March. Adjusted EBITDA was $177m (margin 20.8%) and free cash flow conversion over the last twelve months exceeded 100%; net debt fell to 1.9x. Gates confirmed its 2026 guidance (organic revenue growth 1–4%, adjusted EBITDA $775–835m, adjusted EPS $1.52–1.68) and expects better margin momentum in H2 after completing the ERP optimization; management cites data centers as a long‑term growth area. » Więcej na de.investing.com

Gates has signed a binding agreement to acquire Timken’s belt business, including selected production facilities; the purchase price was not disclosed. The division supplies OEMs and the aftermarket in North America and is intended to expand Gates’ distribution and customer access in the industrial and mobility sectors. Completion is expected in Q3 2026, subject to customary conditions; until then both units will remain separate. Liquidity and financial metrics indicate Gates can financially support the transaction. » Więcej na de.investing.com