Brief: Gates Industrial Reports Q4 And Full Year 2023 Results

Gates Industrial

08/02/2024 15:43

Feb 8 (Reuters) - Gates Industrial Corporation Plc
 GTES.N :
    * GATES INDUSTRIAL REPORTS FOURTH-QUARTER AND FULL YEAR 2023
RESULTS
    * : SEES 2024 CORE REVENUE GROWTH IN RANGE OF - 3% TO +1%
YEAR-OVER-YEAR
    * : SEES  2024 ADJUSTED EARNINGS PER SHARE OF $1.28 TO $1.43
    * : SEES 2024 CAPITAL EXPENDITURES OF APPROXIMATELY $100
MILLION
    * : $100 MILLION SHARE REPURCHASE AUTHORIZATION APPROVED BY
BOARD
OF DIRECTORS
    * FY2024 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $3.61
BILLION
-- LSEG IBES DATA

Source text for Eikon:  ID:nPn4jZhR7a 
Further company coverage:  GTES.N 

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