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RSS FeedsGates Industrial Reports Second-Quarter 2020 Results
(WorldNews China)

 
 

4 august 2020 23:39:21

 
Gates Industrial Reports Second-Quarter 2020 Results
(WorldNews China)
 


DENVER, Aug. 4, 2020 /PRNewswire/ -- Second-Quarter 2020 Highlights Net sales of $576.5 million compared to prior-year period of $809.9 million. Net loss attributable to shareholders of $22.4 million, or $0.08 per diluted share, compared to prior-year period net income attributable to shareholders of $21.5 million, or $0.07 per diluted share. Adjusted Net Income of $9.4 million, or $0.03 per diluted share. Adjusted EBITDA of $83.2 million and Adjusted EBITDA margin of 14.4%. Gates Industrial Corporation plc (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the second quarter ended June 27, 2020. Ivo Jurek,...


 
14 viewsCategory: General > Asia > China
 
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