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Gates Industrial Corporation Ltd. 8-K Filings

GTES NYSE

Every 8-K that Gates Industrial Corporation Ltd. (GTES) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow GTES and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTES filings page.

Rhea-AI Summary

Gates Industrial Corporation Ltd. reported second-quarter 2026 net sales of $941.6 million, an increase of 6.6% with core sales up 4.9%. Net income attributable to shareholders was $170.9 million, and diluted earnings per share were $0.67, with Adjusted Net Income per diluted share of $0.44. Net income from continuing operations was $178.2 million, a margin of 18.9%, and Adjusted EBITDA was $211.4 million, representing a 22.5% margin.

The Power Transmission segment generated net sales of $588.5 million, up 7.0% with core sales growth of 5.3% and Adjusted EBITDA of $134.8 million (22.9% margin). The Fluid Power segment delivered net sales of $353.1 million, up 5.8% with core sales growth of 4.2% and Adjusted EBITDA of $76.6 million (21.7% margin).

For full year 2026, the company raised guidance, now expecting core sales growth of 2.5%–4.5%, Adjusted EBITDA of $800–$830 million, and Adjusted EPS of $1.62–$1.70, while maintaining capital expenditures around $120 million and Free Cash Flow Conversion of 90%+.

Rhea-AI Summary

Gates Industrial Corporation plc obtained approval from the High Court of Justice of England and Wales for a statutory scheme of arrangement that will redomicile the group’s parent company to Bermuda. The scheme had previously been approved by shareholders on June 25, 2026.

Under this Redomiciliation, on July 20, 2026 each ordinary share of Old Gates will be cancelled and shareholders of record at 5:00 p.m. Eastern Time on July 17, 2026 will receive an equivalent number of New Gates common shares, each with par value $0.01. Old Gates shares are expected to trade on the NYSE for the last time on July 17, 2026, with New Gates shares beginning NYSE trading on July 20, 2026 under the same ticker, GTES.

Rhea-AI Summary

Gates Industrial Corporation plc reports that shareholders have approved a plan to move the company’s place of incorporation from England and Wales to Bermuda through a court-approved scheme of arrangement. Existing shareholders are expected to receive common shares of Gates Industrial Corporation Ltd. on a one-for-one basis.

At a Court Meeting, the scheme was approved with 232,587,896 votes for and 914,464 against, with about 91.90% of eligible shares represented. A related General Meeting passed four supporting resolutions, each exceeding the required 75% approval threshold and with roughly 91.55% of eligible shares present.

The redomiciliation still requires sanction by the High Court of Justice of England and Wales and completion of other conditions. The current timetable targets a court hearing on July 16, 2026, a record time at 5:00 p.m. Eastern on July 17, 2026, and an effective date, share cancellation, and issuance and listing of New Gates Shares on July 20, 2026.

Rhea-AI Summary

Gates Industrial Corporation plc reported the results of its 2026 annual general meeting of shareholders. Investors approved all resolutions presented in the company’s April 20, 2026 proxy statement.

Shareholders elected eight directors, approved on an advisory basis named executive officer compensation, and approved the directors’ remuneration report in line with U.K. Companies Act requirements. They also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026 and re-appointed Deloitte LLP as the U.K. statutory auditor. In addition, shareholders authorized the audit committee to determine Deloitte LLP’s U.K. auditor remuneration, authorized the board to allot equity securities, and, as a special resolution, allowed the board to allot equity securities without pre-emptive rights, subject to the prior allotment authority.

Rhea-AI Summary

Gates Industrial Corporation plc reported first-quarter 2026 net sales of $851.1 million, up 0.4% year over year, while core sales fell 2.9%. Net income attributable to shareholders was $59.7 million, or $0.23 per diluted share.

Net income from continuing operations was $66.4 million, a margin of 7.8%. Adjusted Net Income was $88.7 million, or $0.35 per diluted share, and Adjusted EBITDA was $177.4 million with a 20.8% margin. Cash from operating activities rose to $30.2 million.

The company maintained its 2026 guidance, targeting core sales growth of 1%–4%, Adjusted EBITDA of $775–$835 million, Adjusted Earnings Per Share of $1.52–$1.68, capital expenditures of about $120 million, and Free Cash Flow conversion above 90%. Management highlighted successful ERP implementation in Europe, solid order rates, and a book-to-bill ratio above 1.

Rhea-AI Summary

Gates Industrial Corporation plc reported modest sales growth but strong profit gains for 2025 and introduced 2026 guidance. Full-year net sales were $3,443.2 million, up 1.0%, while net income attributable to shareholders rose to $251.4 million, or $0.96 per diluted share, with adjusted net income per diluted share of $1.52. Net income from continuing operations was $277.1 million with an 8.0% margin, and adjusted EBITDA reached $770.1 million, a 22.4% margin.

In the fourth quarter, net sales were $856.2 million, up 3.2%, with net income attributable to shareholders of $51.3 million, or $0.20 per diluted share, and adjusted EBITDA of $187.8 million, a 21.9% margin. The company generated $478.1 million of operating cash flow in 2025, repurchased approximately $105 million of shares, and ended the year with net debt of $1,428.0 million and net leverage of 1.9x. For 2026, Gates guides to core sales growth of 1%–4%, adjusted EBITDA of $775–$835 million, adjusted EPS of $1.52–$1.68, capital expenditures of about $120 million, and free cash flow conversion above 90%.

Rhea-AI Summary

Gates Industrial Corporation plc (GTES) filed an 8-K announcing its Q3 2025 results for the quarter ended September 27, 2025. The company furnished a press release as Exhibit 99.1 with additional details. The disclosure under Item 2.02 is furnished, not filed, under Section 18 of the Exchange Act and will only be incorporated by reference if specifically stated in a future filing.