Gates Industrial Corp PLC

At the Jefferies Global Industrials Conference, Gates presented a tighter growth and margin story: revenue guidance was raised by 100 basis points with organic growth of 5.5% in Q3 and 6.5% in Q4 2026. Management expects EBITDA margins in H2 2026 to exceed 23.5% and cites drivers in personal mobility, data centers and a stable automotive aftermarket. The ERP migration is complete, leverage is about 1.8x, M&A is a priority; a more comprehensive update will follow at the investor day on 19 November 2026. Gates also plans to relocate its domicile to Bermuda to simplify the structure. » Mais em de.investing.com

Gates Industrial’s shares rose to an all-time high of $29.18, pushing market capitalization to about $7.37 billion. The stock is up 18.22% over the past year and 30.32% year-to-date; the P/E (PEG) ratio is 0.25. Gates reported adjusted Q2 earnings of $0.44 per share on revenue of $941.6 million and raised its full-year guidance due to improved demand. An analysis notes the stock is trading near its 52-week high, and InvestingPro may consider the shares overvalued at current levels. » Mais em de.investing.com

For the quarter ended June 30, 2026, Gates Industrial reported earnings per share of $0.67, up from $0.22 a year earlier. Revenue rose 6.55% to $941.6 million, compared with $883.7 million in the same period last year. » Mais em finanzen.net