Gates Industrial Q3 2025 Earnings Release

Gates Industrial Corporation plc reported its financial results for the third quarter of 2025, ending September 27, 2025. The company achieved net sales of $855.7 million, a 3.0% increase compared to the prior-year period, with core sales growth of 1.7%. Net income attributable to shareholders was $81.6 million, or $0.31 per diluted share, while adjusted net income per diluted share was $0.39. Adjusted EBITDA reached $195.8 million, representing a margin of 22.9%, an increase of 90 basis points. The company raised its 2025 adjusted EPS guidance and announced a new $300 million share repurchase authorization. CEO Ivo Jurek highlighted solid growth in Automotive Replacement and Personal Mobility, along with improved balance sheet strength due to $100 million in debt repayment during the quarter.