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 Industrial Corporation Q1 2022 Earnings Call. Today's call is being recorded. [Operator Instructions]
And I would now like to turn the conference over to Bill Waelke. Please go ahead.
Bill Waelke
Thank you for joining us this morning on our first quarter 2022 earnings call. I'll briefly cover our non-GAAP and forward-looking language before passing the call over to our CEO, Ivo Jurek; who will be followed by Brooks Mallard, our CFO. Before the market opened today, we published our first quarter results. A copy of the release is available on our website at investors.gates.com. Our call this morning is being webcast and is accompanied by a slide presentation.
On this call, we will refer to certain non-GAAP financial measures that we believe are useful in evaluating our performance. Reconciliations of historical non-GAAP financial measures are included in our earnings release and the slide presentation, each of which is available in the Investor Relations section of our website. Please refer now to Slide 2 of the presentation which provides a reminder that our remarks will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks that could cause actual results to be materially different from those expressed in or implied by such forward-looking statements. These risks include, among others, matters that we have described in our most recent annual report on Form 10-K and in other filings we make with the SEC. We disclaim any obligation to update these forward-looking statements which may not be updated until our next quarterly earnings call, if at all.
With that, I'll turn things over to Ivo.
Ivo Jurek
Thank you, Bill. Good morning, everyone and thank you for joining us on our call today. I'll begin on Slide 3 of the presentation. We delivered a solid start to the year with our first quarter results slightly ahead of the expectations we communicated on our last earnings call. While we anticipated a number of impediments as we entered the year, we managed through incremental challenges related to COVID, supply chain and inflation in the quarter.