Gates Corporation’s Post

A strong purpose drives strong results

We reported third quarter financial results today and raised our full-year earnings per share (EPS) guidance. Highlights include: • Record third quarter net sales of $4.6 billion • Net sales up 4% year over year (YOY) aided by resilient business portfolio • Quarterly earnings per diluted share (EPS) of $1.79 and record adjusted EPS of $2.07 • Continued progress on margin recovery; segment margin up 260 basis points YOY • 25%+ margin improvement YOY in both segments • Year-to-date operating cash flow of over $1.5 billion; up more than $1.1 billion YOY See the full release: https://bit.ly/3FnjMQ9 #earnings #financialresults

📢 Quiet period is almost over - with our earnings release tomorrow at 7 AM CEST. Visit our Reporting Hub for all details: https://lnkd.in/e9VXUazi Looking forward to being on the road again, discussing our latest financials and current trading.🤝 #InvestorRelations #EarningsRelease #FinancialResults #OnTheRoadAgain #MarketUpdate

The market rewards efficient growth in Q2 2023. Read more in the "Seven Weeks in Seven Minutes" earnings season summary. The full presentation is available here: https://lnkd.in/gb74ga2C

DOUBLE-DIGIT EARNINGS GROWTH ON TAP. The latest market commentary has been released! To read LPL Financial's insights, click below: ⬇️ https://hubs.la/Q02F0JFs0 #MarketUpdate #FinancialAdvisor Please contact us with any questions: https://hubs.la/Q02F0Y3v0

Last results for our CEO Johan Forssell. Safe to say he ends on a high with another strong report. One of the most interesting facts during his nine year long tenure is that Investor has gone from having 150 000 shareholders back in 2015 to 580 000 today. INVE is thus by far the most commonly held share in Sweden.

𝗤𝟭 𝟮𝟬𝟮𝟰 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗣𝗼𝘀𝘁-𝗦𝗲𝗮𝘀𝗼𝗻: 𝗛𝗼𝘄 𝗱𝗶𝗱 𝗶𝘁 𝗴𝗼 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘁𝗼 𝗲𝘅𝗽𝗲𝗰𝘁 𝗶𝗻 𝗤𝟮? 1. Total earnings for the S&P 500 members that have reported Q1 results are up +𝟲.𝟴% from the same period last year on +𝟰.𝟯% higher revenues, with 78% beating EPS estimates and 60% beating revenue estimates. 2. For 2024 Q2, the market expects a continuation of the earnings recovery period with earnings up +𝟴.𝟳% on +𝟰.𝟲% higher revenues. 3. In Q1 results, we often saw management concerned about weakening demand, especially for consumer-driven companies, leading to better traction in earnings rising faster than revenues. 2025 is expected to be better for revenues. We will see. 4. Generally, the soft landing scenario is still active, and we have a chance to witness another fruitful year.

Dear Corteva Agriscience Team, On behalf of White Limo Services, we wanted to extend our commendations on your recently disclosed 1Q 2024 results. Your steadfast dedication to excellence in the agricultural industry is truly commendable, and your performance this quarter speaks volumes about your commitment to innovation and customer satisfaction. While we understand that challenges are inherent in any industry, your ability to navigate through them with resilience and determination is truly inspiring. Despite the slight decrease in net sales, the strategic growth in seed net sales and organic sales is a testament to your unwavering focus on delivering quality products and services to your customers. We were particularly impressed by the 2% growth in seed net sales and the remarkable 5% increase in organic sales, reflecting the success of your initiatives and strategies in this segment. Your emphasis on price for value strategy and favorable product mix is clearly paying dividends, as evidenced by the 6% increase in price globally. Additionally, the volume growth in North America, despite challenges in EMEA, showcases your adaptability and agility in responding to market dynamics. We acknowledge the hurdles posed by unfavorable weather and delayed demand, yet your ability to mitigate these impacts is truly commendable. While the Crop Protection segment faced headwinds, your proactive approach in addressing industry challenges and maintaining competitiveness is noteworthy. Despite the decline in net sales and organic sales, your strategic focus on volume management and pricing strategies demonstrates your commitment to long-term sustainability and profitability. In conclusion, we want to express our admiration for Corteva's resilience, innovation, and commitment to excellence. We are proud to partner with a company that continually strives for success while maintaining a customer-centric approach. We look forward to witnessing your continued growth and success in the future. Warm regards, Teixeira, Alberto Founder & CEO White Limo Services

DOUBLE-DIGIT EARNINGS GROWTH ON TAP. The latest market commentary has been released! To read LPL Financial's insights, click below: ⬇️ https://hubs.la/Q02F0vBK0 #MarketUpdate #FinancialAdvisor Please contact us with any questions: https://hubs.la/Q02F0N-D0

Earnings season sizzles! Q2 2023 beats expectations by the highest margin in years. Dive into the latest earnings insights from AAII Journal. 📊📈 #EarningsSeason #FinancialAnalysis Read more: https://ow.ly/tzCi50PLei1