Genuine Parts Co (FRA:GPT)
€ 120.15 0.1 (0.08%) Market Cap: 16.68 Bil Enterprise Value: 21.34 Bil PE Ratio: 16.31 PB Ratio: 3.75 GF Score: 76/100

Genuine Parts Co at Gabelli Funds Automotive Symposium Transcript

Nov 01, 2022 / 05:00PM GMT
Release Date Price: €178.8 (+0.01%)
Anna Carolina Jolly

All right. So just because we're running up against time, I'll introduce the next company. We have Genuine Parts, headquartered in Atlanta, Georgia. GPC is one of the largest global distributors of automotive aftermarket and industrial parts, 140 million shares at $165, market cap of $23 billion, net debt of $2.6 billion, for an enterprise value of $25 billion. Presenting today is Paul Donahue, CEO; William Stengel, President; and Bert Nappier, CFO. Paul, Will and Bert, thank you for being here today.

Paul D. Donahue
Genuine Parts Company - Chairman & CEO

[Thanks for having us].

Questions & Answers

Anna Carolina Jolly

Sorry, it's for the cameras. Once again, thank you for being here. I think we'll just start with an introductory question, kind of if you could give a brief description of your 2 business segments and your overall business strategy over the next few years.

Paul D. Donahue
Genuine Parts Company - Chairman & CEO

Sure. Well, thank you

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