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Gates Industrial Corporation plc (GTES) reports developments as a global manufacturer of engineered power transmission and fluid power solutions. Its Power Transmission products convey power and control motion, while its Fluid Power products include hose and rigid tubing assemblies used to transfer hydraulic power or move fluids, gases and granular materials.
Recurring news covers quarterly and annual operating results, guidance, cash flow, balance sheet commentary, share repurchase activity and investor-conference presentations. Company updates also describe its OEM specified-component business, replacement-channel customers, and sales across the Americas, Europe, Middle East & Africa, Greater China, and East Asia & India.
Gates Industrial (GTES) will host a Capital Markets Day for investors, analysts and other stakeholders on Thursday, November 19, 2026, from 9:00 a.m. to 12:30 p.m. Eastern Time at the New York Stock Exchange.
The event will include presentations by CEO Ivo Jurek, CFO Brooks Mallard and other members of the leadership team. A live webcast and presentation materials will be accessible in the Events & Presentations section of the Gates Investor Relations website at investors.gates.com, with a replay available after the webcast.
Gates Industrial (NYSE: GTES) announced that its management will participate in fireside chats at two investor conferences in September 2026. The company will appear at the Jefferies Global Industrials Conference on September 9, 2026, at 1:30 p.m. Eastern time, and at the Morgan Stanley 14th Annual Laguna Conference on September 15, 2026, at 1:50 p.m. Pacific time. CEO Ivo Jurek will present at both events, joined at the Morgan Stanley conference by CFO Brooks Mallard and SVP Investor Relations and Strategy Rich Kwas. Live webcasts will be accessible via the Events & Presentations section of the Gates investor relations website.
Gates (NYSE: GTES) announced that its Gates Belt Drive system powered the first-ever UCI Downhill Mountain Bike World Series victory on a belt-driven bike. Harriet (Hattie) Harnden of AON Racing won in Les Gets, France, earning the €100,000 Gates Belted Purse.
According to Gates, 20 riders competed on bikes equipped with its belt drive, demonstrating the drivetrain’s ability to withstand elite downhill racing. The company stated that insights from this race platform are already informing new product development in durability, power transfer and responsiveness across sport, commuter and micromobility applications.
Gates (NYSE: GTES) released its 2025 Corporate Sustainability Report, outlining progress across its four sustainability pillars: Governance, Technology, Environment and Stewardship. According to the company, it enhanced ESG data governance, review processes and monitoring, and maintained oversight of cybersecurity and enterprise risk in 2025.
Gates reports receiving 67 patents in 2025 tied to efficiency, durability and resource utilization. Environmentally, it states it exceeded its original greenhouse gas target with a 16% reduction in Scope 1 and 2 emissions versus a 2019 baseline, and a 4% cut in total energy use in 2025. In Stewardship, Gates cites a 25% reduction in Total Recordable Incident Rate and a 33% decline in severe injuries versus 2024, alongside continued investment in employee development and community engagement. The full report is available at gates.com/sustainability.
Gates Industrial (NYSE:GTES) reported second-quarter 2026 net sales of $941.6 million, up 6.6% year over year, with core sales up 4.9%. Net income attributable to shareholders was $170.9 million, or $0.67 per diluted share, and net income from continuing operations was $178.2 million, a margin of 18.9%. Adjusted EBITDA reached $211.4 million, giving a 22.5% margin.
Power Transmission segment Q2 net sales were $588.5 million (7.0% growth) with 22.9% adjusted EBITDA margin, while Fluid Power net sales were $353.1 million (5.8% growth) with a 21.7% margin. The company raised full‑year 2026 guidance to 2.5%–4.5% core sales growth, $800–$830 million adjusted EBITDA, and $1.62–$1.70 adjusted EPS. As of June 27, 2026, cash and cash equivalents were $823.5 million and total debt was about $2.23 billion, with operating cash flow of $108.8 million and six‑month share repurchases of $38.7 million.
Gates Industrial (NYSE:GTES) will release its second-quarter 2026 earnings before the market opens on Friday, July 31, 2026. Management will host a webcast and conference call at 10:00 a.m. Eastern time to review the financial results.
Investors can access the live webcast and replay via investors.gates.com or by using the provided domestic and international dial-in numbers and passcodes within specified dates.
Gates Industrial (NYSE: GTES) shareholders approved proposals to redomicile the company from England and Wales to Bermuda, with approximately 99.6% of votes cast in favor.
According to Gates Industrial, the move is expected to enhance capital and strategic flexibility and lower administrative complexity and cost. The effective date is expected to be July 20, 2026, subject to UK court approval and other conditions.
Gates (NYSE:GTES) expanded its bicycle Belt Drive portfolio with three new thermoplastic sprocket families: CRUISE, CRUISE PLUS and COMMUTE. These products target entry-level bikes through urban eBikes, helping OEMs replace chain drivetrains across more applications, price points and rider use cases.
Gates Industrial (NYSE: GTES) will participate in the 19th Annual Wolfe Research Global Transportation & Industrials Conference in New York City on May 19, 2026.
CEO Ivo Jurek will present at 9:45 AM ET. A live webcast will be available via the Events & Presentations section of the Gates Investor Relations website at investors.gates.com.
The Timken Company (NYSE: TKR) has agreed to sell its belts business to Gates Industrial (NYSE: GTES) as part of an 80/20 portfolio strategy to improve profitability. The divestiture is expected to improve adjusted EBITDA margins for Timken's Industrial Motion segment; the deal is expected to close in Q3 2026. Timken will report estimated margin impact at its Investor Day on May 20, 2026. Proceeds are intended to fund the company's capital allocation priorities. Financial terms were not disclosed; the transaction is subject to customary closing conditions.