{"schema_version":"secwatch.filing_event.v1","accession":"0001718512-23-000010","form_type":"8-K","ticker":"GTES","cik":"0001718512","company_name":"Gates Industrial Corp plc","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.295034+00:00","generated_at":"2026-06-19T20:36:12.078732+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gates Industrial Q4 net sales up 9.5% to $893.3M; core revenue growth 16.0%; 2023 guidance issued","bullets":["Q4 net income attributable to shareholders $84.9M ($0.30 diluted EPS), up from $62.7M ($0.21) YoY.","Q4 Adjusted EBITDA $166.0M (18.6% margin), up 150 bps from 17.1% YoY.","Full-year net sales $3,554.2M (+2.3% reported, +7.6% core); adjusted net income $329.0M ($1.14/share), down from $408.1M ($1.37).","Fluid Power segment Q4 margin expanded 380 bps to 18.8%; Power Transmission core growth led by Personal Mobility and Energy.","2023 outlook: core revenue growth 1-5%; Adj. EBITDA $700-750M; Adj. EPS $1.13-1.23; FCF conversion ~100%."],"urls":{"canonical":"https://secwatch.observer/filing/0001718512-23-000010","json":"https://secwatch.observer/filing/0001718512-23-000010.json","markdown":"https://secwatch.observer/filing/0001718512-23-000010.md","text":"https://secwatch.observer/filing/0001718512-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718512/000171851223000010/0001718512-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718512/000171851223000010/gtes-20230209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T20:36:12.078732+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c3d3487b8363f9ac7eabf6a70f0107df9e514822","claim":"Gates Industrial Corp plc reported the fourth quarter of 2022 and full year ended December 31, 2022 results: net income $84.9 million, or $0.30 per diluted share, EPS $0.30 per diluted share.","evidence_excerpt":"On February 9, 2023, Gates Industrial Corporation plc announced its financial results and operating highlights for the fourth quarter of 2022 and full year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1718512/000171851223000010/0001718512-23-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022 and full year ended December 31, 2022"},{"label":"Net income","value":"$84.9 million, or $0.30 per diluted share"},{"label":"EPS","value":"$0.30 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}