• Expect to deliver YoY improvement in net leverage ratio at year-end Fates ® OPERATING INCOME 0.06 Improved operating performance from pricing and gross margin improvement Q2 2022 $0.32 Reconciliation of Core Revenue Growth Net sales for the quarter ended July 2, 2022 543.0 363.8 906.8 RECONCILIATIONS – CORE REVENUE GROWTH 15 Core revenue for the year ended July 1, 2023 Core revenue growth 3.9% Adjusted for: RECONCILIATIONS – ADJUSTED EBITDA AND NET LEVERAGE 16 Net Income from Continuing Operations Severan ...

Company Participants Conference Call Participants Operator I would now like to turn the call over to Vice President of Investor Relations, Rich Kwas. Good morning, and thank you for joining us on our first quarter 2023 earnings call. I'll briefly cover our nonGAAP and forward-looking language before passing the call over to our CEO, Ivo Jurek; who will be followed by Brooks Mallard, our CFO. On this call, we will refer to certain non-GAAP financial measures that we believe are useful in evaluating our perfo ...

The information in this presentation is as of December 31, 2022 unless otherwise noted. SEGMENT CHANNEL 20% 5% 9% 31% 8% 21% 6% EMEA 26% China 10% EA&I 10% SA 5% NA 49% Power Power $1.4B Transmission $2.2B First-Fit (OEM) 37% Replacement 63% GEOGRAPHY END MARKET Diversified Industrial Personal Mobility Auto Auto OEM Replacement On-Highway Off-Highway Energy & Resources Fluid ▪ Maintenance Free ▪ Geographic Expansion $0.96 $0.70 $1.14 2019 2020 2021 2022 $1.37 | --- | --- | |--------------------------------- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 001-38366 Gates Industrial Corporation plc (Exact Name of Registrant as Specified in its Charter) Indicate by chec ...

! | This presentation contains, and management may make on our call today, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" ...

财务数据和关键指标变化 - 第四季度总收入为8.93亿美元,同比增长16% [9] - 第四季度调整后EBITDA为1.66亿美元,同比增长150个基点至18.6% [10] - 第四季度调整后每股收益为0.25美元 [10] - 第四季度自由现金流为2.26亿美元,是调整后净收入的317% [14] - 净杠杆率从第三季度的3.1倍降至2.8倍 [15] 各条业务线数据和关键指标变化 - 动力传动系统业务第四季度收入为5.52亿美元,同比增长15%,但受到8%的汇率逆风影响 [10] - 流体动力业务第四季度收入为3.41亿美元,同比增长18%,但受到3%的汇率逆风影响 [11] - 个人移动业务2022年机会管道增长了约50% [11] - 流体动力业务新产品的贡献推动了2022年的核心增长和市场份额增长 [11] 各个市场数据和关键指标变化 - 北美市场第四季度实现两位数的内生增长,汽车和非公路市场均增长超过20% [13] - EMEA地区第四季度内生收入同比增长22%,非公路和能源市场均增长超过30% [13] - 个人移动业务在EMEA地区增长近80%,是2022年最高的季度增长率 [13] - 中国市场第四季度收入同比下降,主要受COVID封锁影响 [13] - 南美和印度市场表现良好,实现了内生增长 [13] 公司战略和发展方向和行业竞争 - 公司专注于提高供应链效率和制造运营效率,以推动整个企业的利润率提升 [20] - 公司正在加速减少企业复杂性,通过简化产品组合和最小化客户复杂性来实施80-20计划 [20] - 公司继续积极投资于高增长领域,特别是工业垂直领域的新产品和应用 [21] - 公司致力于实现一致的自由现金流转换,以继续改善资产负债表 [21] 管理层对经营环境和未来前景的评论 - 管理层对第四季度的执行情况感到满意,尽管面临具有挑战性的商业环境 [18] - 管理层对2023年缓慢改善的运营环境持谨慎乐观态度 [18] - 管理层预计客户库存将在2023年逐步恢复正常 [18] - 管理层对2023年的执行情况和前景持乐观态度,尽管认识到全球经济存在风险 [18] 其他重要信息 - 公司预计2023年核心收入增长在1%至5%之间,预计销量与2022年持平 [16] - 公司预计2023年调整后EBITDA在7亿至7.5亿美元之间,调整后EBITDA利润率同比增长约90个基点 [16] - 公司预计2023年调整后每股收益在1.13至1.23美元之间 [16] - 公司预计2023年自由现金流约为调整后净收入的100% [16] - 公司预计2023年第一季度总收入在8.8亿至9.1亿美元之间,预计核心收入增长将受到不利汇率的抵消 [16] - 公司预计2023年第一季度EBITDA利润率将同比增长100至150个基点 [16] 问答环节所有提问和回答 问题: 客户库存重新平衡的影响 - 管理层认为当前客户库存水平与市场需求一致,但预计随着供应链稳定,客户将在2023年下半年开始减少库存 [24][25] - 管理层预计2023年核心收入增长将相对平稳,第一季度受到中国和俄罗斯业务暂停的影响,下半年受到客户库存重新平衡的影响 [25] 问题: 2023年收入增长和利润率前景 - 管理层预计2023年第一季度收入持平,核心收入增长将受到中国和俄罗斯业务暂停的影响 [29] - 管理层预计2023年利润率将逐步改善,第一季度是最容易的比较,下半年受益于供应链问题的缓解 [33] 问题: EMEA地区第四季度增长和2023年展望 - 管理层表示EMEA地区第四季度增长强劲,主要由能源、非公路和个人移动业务推动 [36] - 管理层预计2023年价格涨幅将低于2022年,第一季度价格涨幅较高,但通胀有所缓和 [39] 问题: 2023年自由现金流指引 - 管理层预计2023年自由现金流将显著改善,主要由库存减少和税收优惠推动 [44] - 管理层预计2023年现金税占净收入的比例将保持不变,但有效税率将从2022年的中个位数上升到2023年的22%至24% [46] 问题: 中国业务展望 - 管理层预计2023年第一季度中国业务仍将同比下降,但第二季度将出现强劲反弹,下半年将恢复正常 [48] 问题: 供应链问题和生产力计划 - 管理层表示第四季度供应链问题有所改善,但预计2023年上半年仍将面临一些挑战 [51] - 管理层预计2023年生产力计划将带来0.08美元的每股收益增长,主要由供应链改善和生产力提升推动 [54] 问题: 2023年第一季度收入指引 - 管理层预计2023年第一季度收入持平,主要受到中国和俄罗斯业务暂停的影响 [59] 问题: 资本配置和去杠杆化 - 管理层计划继续去杠杆化,目标是中期将杠杆率降至1.5倍 [64] 问题: 订单趋势和积压订单 - 管理层表示第四季度订单积压有所减少,但1月份订单积压再次上升,订单积压仍然较高 [68] 问题: 汽车市场展望 - 管理层预计2023年全球汽车产量将增长2%至4%,汽车替换市场将增长低个位数 [82] - 管理层预计2023年中国汽车替换市场将出现强劲反弹 [83] 问题: 分销库存正常化的影响 - 管理层预计2023年下半年客户将重新平衡库存,但难以预测具体时间和影响 [85]

Gates Industrial Corporation plc (NYSE:GTES) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Bill Waelke - Head of Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Jamie Cook - Credit Suisse Deane Dray - RBC Capital Markets Jeff Hammond - KeyBanc Capital Markets David Raso - Evercore ISI Jerry Revich - Goldman Sachs Julian Mitchell - Barclays Operator Good morning and wel ...

Gates Industrial Corporation plc (NYSE:GTES) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants | --- | --- | |----------------------------|------------------------------------------| | | | | | Bill Waelke - Head of Investor Relations | | | Ivo Jurek - Chief Executive Officer | | | Brooks Mallard - Chief Financial Officer | | | Conference Call Participants | | | Jerry Revich - Goldman Sachs | | Mike Halloran - Baird | | | | Josh Pokrzywinski - Morgan Stanley | | Jeff Hammond - ...

1 Q2 2022 EARNINGS PRESENTATION AUGUST 5, 2022 ！！ LEGAL DISCLAIMERS 2 FORWARD-LOOKING STATEMENTS This presentation contains, and management may make on our call today, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "sho ...

Gates Industrial Corporation plc (NYSE:GTES) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Bill Waelke - Vice President of Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Executive Vice President & Chief Financial Officer Conference Call Participants Deane Dray - RBC Capital Markets Damian Karas - UBS Operator Good day. My name is Savannah and I will be your conference operator for today. At this time, I would like to welcome everyone to the Gates Indu ...