Gates Industrial Corp plc (GTES)
2025-06-28 | 2025-03-29 | 2024-09-28 | 2024-06-29 | |
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Net sales | 883,700 | 847,600 | 830,700 | 885,500 |
Cost of sales | 523,500 | 503,000 | 494,900 | 528,100 |
Gross profit | 360,200 | 344,600 | 335,800 | 357,400 |
Transaction-related expenses | - | 400 | 500 | 1,200 |
Restructuring expenses | 13,000 | 1,600 | 2,200 | 1,600 |
Asset impairments | 200 | 600 | - | - |
Other operating expenses | - | - | - | -100 |
Selling, general and administrative expenses | 231,200 | 217,300 | 219,900 | 218,300 |
Operating income from continuing operations | 115,800 | 124,700 | 113,200 | 136,200 |
Interest expense | 28,800 | 29,600 | 35,100 | 49,100 |
Other expenses (income) | -6,800 | -1,300 | 3,900 | 3,100 |
Loss on deconsolidation of russian subsidiary | - | - | -12,800 | - |
Income from continuing operations before taxes | 80,200 | 93,800 | 69,200 | 90,200 |
Income tax expense | 16,800 | 25,200 | 14,000 | 12,300 |
Net income from continuing operations | 63,400 | 68,600 | 55,200 | 77,900 |
Loss on disposal of discontinued operations, net of tax, respectively, of 0, 0, 0 and 0 | -300 | -300 | -100 | -300 |
Net income | 63,100 | 68,300 | 55,100 | 77,600 |
Less non-controlling interests | 6,600 | 6,300 | 7,500 | 6,900 |
Net income attributable to shareholders | 56,500 | 62,000 | 47,600 | 70,700 |
Diluted weighted average number of shares outstanding (in shares) | 260,469,532 | 261,567,906 | 263,441,572 | 266,812,510 |
Earnings per share (in usd per share) | 0.22 | 0.24 | 0.18 | 0.27 |
Earnings per share (in usd per share) | 0.22 | 0.24 | 0.18 | 0.26 |