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Stock impact report

Gates Industrial Corp PLC (GTES) Q4 2024 Earnings Call Highlights: Record Margins Amid Revenue ... [Yahoo! Finance]

Gates Industrial Corporation plc Ordinary Shares (GTES) 
Last gates industrial corporation plc ordinary shares earnings: 2/4 04:10 pm Check Earnings Report
US:NYSE Investor Relations: gates.com/about-us/investor-relations
Company Research Source: Yahoo! Finance
4 min read In This Article GTES Adjusted EBITDA Margin: Increased by 140 basis points for the full year 2024. Gross Margin: Expanded by 130 basis points to 40.4% in Q4 2024. Free Cash Flow Conversion: 160% for Q4 2024, 74% for the full year. Net Leverage Ratio: Declined to 2.2x from 2.3x at year-end 2023. Revenue: Q4 2024 total revenue was $829 million, a 2.6% decrease on a core basis. Adjusted EBITDA: $181 million in Q4 2024, with a margin of 21.8%. Adjusted Earnings Per Share: $0.36 in Q4 2024, down 3% year-over-year. Power Transmission Segment Revenue: $520 million in Q4 2024, a 1% decrease on a core basis. Fluid Power Segment Revenue: $309 million in Q4 2024, with a 5% core sales decline. Return on Invested Capital: 24% at year-end 2024, a 100 basis point increase from 2023. 2025 Revenue Guidance: Core revenues expected to range from down 0.5% to up 3.5%. 2025 Adjusted EBITDA Guidance: $735 million to $795 million. 2025 Adjusted Earnings Per Share Gu Show less Read more
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