Gates Industrial Q2 net sales $941.6M (+6.6% YoY), raises FY2026 guidance

Gates Industrial Corp plc

Net sales $941.6M (+6.6% YoY); core sales +4.9%. Net income $170.9M ($0.67 diluted EPS); adjusted EPS $0.44.
Adjusted EBITDA $211.4M (22.5% margin). Power Transmission sales $588.5M (+7.0%), Fluid Power $353.1M (+5.8%).
Raised FY2026 guidance: core sales growth 2.5%-4.5% (prior 1%-4%), adj. EBITDA $800-$830M, adj. EPS $1.62-$1.70.
CEO Ivo Jurek: record sales and EPS, improving order momentum globally; balance sheet strong.

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