Gates Industrial Corporation plc reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 862.6 million compared to USD 897.7 million a year ago. Net income was USD 40 million compared to USD 26.4 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.09 a year ago. Basic earnings per share was USD 0.15 compared to USD 0.09 a year ago.

Diluted earnings per share was USD 0.15 compared to USD 0.09 a year ago.