Gates Industrial Corporation plc (GTES) Tops Q4 EPS by 1c

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Go back to Gates Industrial Corporation plc (GTES) Tops Q4 EPS by 1c

Gates Industrial Reports Fourth-Quarter and Full-Year 2019 Results

February 4, 2020 4:10 PM EST

DENVER, Feb. 4, 2020 /PRNewswire/ --

Fourth-Quarter 2019 Highlights

Net sales of $725.7 million compared to prior-year period of $792.1 million. Net income attributable to shareholders of $19.4 million, or $0.07 per diluted share, compared to prior-year period of $75.6 million, or $0.26 per diluted share. Adjusted Net Income of $56.5 million, or $0.19 per diluted share. Adjusted EBITDA of $135.1 million and Adjusted EBITDA margin of 18.6%. Net cash... More