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LKQ Europe with a Strong First Quarter 2021


LKQ Europe with a Strong First Quarter 2021
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Strong first quarter in European segment with a segment EBITDA margin up 390 basis points to 9.6%.
Zug, Switzerland. LKQ Corporation reported first quarter 2021 results on April 29, 2021 that reflect records in a number of key metrics including overall profitability, segment margins and free cash flow.
LKQ-NA
Dominick Zarcone, President and Chief Executive Officer said: We significantly exceeded our expectations for the quarter as our segment teams continue to embrace operational excellence and execute on our key initiatives. Our North America team delivered a 19.9% Segment EBITDA margin in the first quarter, the highest level in the company’s history. Additionally, our Specialty team delivered its highest quarterly organic revenue growth at 30.9% and first quarter Segment EBITDA margin of 13.4%. I am pleased with the Europe Segment EBITDA margin of 9.6% in the quarter, a year-over-year improvement ....

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LKQ Corporation Releases Inaugural Sustainability Report


LKQ Corporation Releases Inaugural Sustainability Report
CHICAGO, April 06, 2021 (GLOBE NEWSWIRE) LKQ Corporation (Nasdaq: LKQ) today announced the release of its inaugural Sustainability Report outlining the Company’s ongoing focus on responsible environmental, social and governance (“ESG”) practices.
“We are excited to release our inaugural Sustainability Report, which signifies our commitment to further enhance our ESG practices across our global operations,” noted Dominick Zarcone, President and Chief Executive Officer. “Since our founding in 1998, environmental stewardship has been ingrained in our culture, highlighted by LKQ’s position as the largest global recycler of vehicles. The Sustainability Report also sets forth our ongoing social and governance focus, including demonstrating how we are promoting diversity, employee training and safety. The report reaffirms our mission of building strong partnerships with our employees and the communities in w ....

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