Gates Industrial Corp PLC (NYSE:GTES)
$ 17.73 0 (0%) Market Cap: 4.64 Bil Enterprise Value: 6.57 Bil PE Ratio: 19.49 PB Ratio: 1.46 GF Score: 77/100

Gates Industrial Corporation PLC at Goldman Sachs Industrials and Materials Conference Transcript

May 15, 2019 / 05:45PM GMT
Release Date Price: $12.95 (+0.31%)
Jerry David Revich
Goldman Sachs Group Inc., Research Division - VP

Okay. Well, good afternoon, everyone. Welcome to this afternoon's session with Gates Industrial Corporation. I'm Jerry Revich, and I'm excited to have with me today, David Naemura, Chief Financial Officer. Also joining us from Gates is Bill Waelke from -- Director of Investor Relations.

Gentlemen, thank you very much for coming to visit.

David H. Naemura
Gates Industrial Corporation plc - CFO

Thanks for having us here.

Questions & Answers

Jerry David Revich;David H. Naemura
Goldman Sachs Group Inc., Research Division - VP;Gates Industrial

Dave, maybe as a starting point what's really interesting about Gates is the business model where you folks have built over 60% of your sales as aftermarket. Can you talk about the company's strategy historically that's enabled that structure for each of your 2 businesses? And steps that you're taking today to defend that pretty attractive structure?

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