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Gates Industrial Corporation reports 2017 financial results.

International Resource News-March 14, 2018--Gates Industrial Corporation reports 2017 financial results

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International Resource News - 14 March 2018

Gates Industrial Corporation plc (NYSE: GTES), a global provider of application-specific fluid power and power transmission solutions, has reported its financial results for full year ended December 30, 2017.

The company reported an increase in net revenues for the full year of 10.7 percent to more than USD3bn compared to USD2.7 percent in the year-ago period.

The firm posted net income of USA151.3m in 2017, compared to USD57.7m in the year-ago period.

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Publication:International Resource News (IRN)
Date:Mar 14, 2018
Words:122
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