---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-24-000006"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:42:43.062113+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gates Industrial Q4 net sales $863.3M (-3.4%); Adj EBITDA margin 21.5% +290 bps

## Summary
- Q4 Adj net income $0.39/diluted vs $0.25 prior year; GAAP diluted $0.24.
- Full-year Adj EBITDA $747M (20.9% margin) up from $680.6M (19.1%); operating cash flow $481M.
- FY2024 guidance: core revenue growth -3% to +1%, Adj EBITDA $725-785M, Adj EPS $1.28-1.43.
- Board authorized $100M share repurchase program through Oct 2024; net leverage at 2.3x.
- Power Transmission Q4 Adj EBITDA margin 22.0% (+360 bps); Fluid Power 20.7% (+190 bps).

## SEC filing metadata
- accession: 0001718512-24-000006
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000006/0001718512-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000006/gtes-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-24-000006
- JSON: https://secwatch.observer/filing/0001718512-24-000006.json
- Plain text: https://secwatch.observer/filing/0001718512-24-000006.txt

## Key facts
- Earnings Releases
  Gates Industrial Corp plc updated its the fourth quarter of 2023 and full year ended December 30, 2023 guidance (initiated).
  - Period: the fourth quarter of 2023 and full year ended December 30, 2023
  - Guidance: initiated
  - Result: reported results
  source text: On February 8, 2024, Gates Industrial Corporation plc announced its financial results for the fourth quarter of 2023 and full year ended December 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000006/0001718512-24-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.