Real Elements Firm’s earnings launch date


Real Elements Firm, which holds vital aftermarket auto elements partnerships primarily via the NAPA Auto Elements Community, plans to launch first-quarter earnings on April 21, 2022.

Administration may also maintain a convention name on this date at 11:00 a.m. ET.

Aftermarket watchers will see a continuation of the continuing optimistic traits from the fourth quarter and full yr outcomes for the corporate.

2021 fourth quarter gross sales for the automotive group have been $3.2 billion, up 13.1% from 2020 and accounting for 66% of the corporate’s complete income.

Comparable gross sales improved by 10.6% world development and a pair of.8% acquire from acquisitions, barely antagonistic affect of overseas change and others. Section revenue of $265.8 million was 10.7% and revenue margin was 8.3%, up from 8.5% in the identical interval of 2020.

For the total yr ended December 31, 2021, the automotive group’s internet gross sales elevated from US$10.8 billion to US$12.5 billion.

General for the corporate, gross sales in 2021 have been USD $18.9 billion, a development of 14.1% from USD 16.5 billion for a similar interval in 2020. Internet earnings from persevering with operations for the twelve months was $898.8 million, or $6.23 per diluted share. The corporate’s adjusted internet earnings from persevering with operations was USD$997.0 million, or $6.91 per diluted share, a rise of 31.1% in comparison with $5.27 per diluted share final yr.

Steering for the corporate projected 2022 automotive section development to 4-6% for the total yr, from 9% to 11% for the corporate as a result of projected industrial elements group development of 20% to 22%.

earnings name assertion

The general public can entry the primary quarter 2022 webcast and supplemental earnings deck on the corporate’s Investor Relations web site.

The decision can be obtainable by dialing 888-317-6003.

The convention ID is 2523809.

A replay of the decision shall be obtainable on the Firm’s web site or toll-free at 877-344-7529, ID 2602302 two hours after the completion of the convention name.

About Real Elements Firm

Established in 1928, Real Elements Firm is a world service group engaged within the distribution of automotive and industrial alternative elements. The corporate’s Automotive Elements Group distributes alternative auto elements within the US, Canada, Mexico, Australia, France, the UK, Eire, Germany, Poland, the Netherlands and Belgium. The corporate’s Industrial Elements Group distributes industrial alternative elements within the US, Canada, Mexico and Australia. In complete, the corporate serves its world prospects from an in depth community of greater than 10,000 places in 15 international locations, with roughly 52,000 workers.

Extra info is accessible at www.genpt.com.



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