Latest news with #GPC
Business Wire
4 days ago
- Business
- Business Wire
GoldenPeaks Capital Has Successfully Acquired Two New Battery Energy Storage Systems in Poland
WARSAW, Poland--(BUSINESS WIRE)-- GoldenPeaks Capital ('GPC'), one of the fastest growing independent producers of green energy in Europe, has successfully acquired two new BESS (Battery Energy Storage Systems) projects under a preliminary share purchase agreement, with a total of 54 MW or 216 MWh in Poland. The two projects were awarded a 17-year Capacity Market contract in the 2024 auction as 4-hour systems, achieving the maximum capacity payments for BESS assets. The deal was closed on June 6 th, after a six-week due-diligence and contract negotiation period which was led by the Mercer acquisition team under the lead of Damian Majkowski. Adriano Agosti, Founder and Chairman of GoldenPeaks Capital said: 'This is a great example of a dedicated teamwork between Mercer, Spectris and GoldenPeaks Capital, combining their individual expertise. It also shows GoldenPeaks Capital's commitment to further strengthen BESS as a strategic pillar.' The first project, Baczyna, sums up to a total of 46MW or 184 MWh, being connected at 110 kV to the high voltage network. The second project, Jelenia Góra, sums up to a total of 8 MW or 32 MWh, being connected at 20 kV to the medium voltage network. The deals strengthen GPC's investment commitment to BESS in Poland, bringing the total portfolio volume of the current BESS-projects to 124 MW. It also highlights GPC's interest in making BESS a core pillar of its evolving business. GPC's continued investment in BESS not only creates a more diversified portfolio across our core markets but supports the ever-increasing need for flexible energy assets in Europe. The 17-year capacity market payments from these projects represent the last heavily subsidised BESS payments in Poland, positioning GPC well for long-term project success. About GoldenPeaks Capital GoldenPeaks Capital, is a company specializing in the construction and operation of solar systems and one of the largest photovoltaic system owners in Poland and Hungary, with over 15 years of experience in structuring energy projects worldwide. In addition, GPC is a pioneer in the introduction of new technologies in Eastern Europe with various BESS + PV pilot projects in Poland and Hungary. GoldenPeaks Capital will further increase the pace of shaping the industry of renewable energies in Eastern Europe by applying the seamless integration of all sectors of GPC, such as project development & engineering, financing & structuring, supply chain management, construction & commissioning, asset operations, and commercial & energy sales among others, ensuring an invaluable alignment of methodologies, ethics and goals. GoldenPeaks Capital has been awarded for its green commitment, receiving the highest sustainability quality score (SQS1) from Moody's for their green bond framework. Disclaimer Golden Peaks Capital: This press release was produced by and the opinions expressed are those of GoldenPeaks Capital as of the date of writing and are subject to change. It has been prepared solely for information purposes. Any reference to past performance is not necessarily a guide to the future. To the extent there are any forward-looking statements, these statements are based on the company's current expectations and projections regarding its business, operations and other factors relating thereto. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but GoldenPeaks Capital does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but GoldenPeaks Capital does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
Yahoo
7 days ago
- Automotive
- Yahoo
Looking for Stability? Genuine Parts Company (GPC) Could Be a Smart Buy and Hold Choice
Genuine Parts Company (NYSE:GPC) is included among the 10 Best Dividend Stocks to Buy and Hold Forever. A line of mechanics diagnosing a recreation vehicle engine at a repair shop. Genuine Parts Company (NYSE:GPC) runs several distribution and retail brands that specialize in automotive and industrial parts and components. Together, the company operates more than 10,700 locations around the world, including distribution centers, service centers, and retail outlets. Its two main business segments, automotive and industrial, benefit from consistent demand. Genuine Parts Company (NYSE:GPC) is also expanding into fast-growing areas such as electric vehicle parts and services for commercial fleets. With a strong international presence and continued investment in digital infrastructure and research and development, Genuine Parts is well-positioned for long-term growth. Over the past ten years, Genuine Parts Company (NYSE:GPC) has increased its dividend by an average of about 5% annually, suggesting a similar pace of growth may continue. The company holds one of the longest dividend growth streaks in the market, spanning 69 years. Currently, it pays a quarterly dividend of $1.03 per share and has a dividend yield of 3.20%, as of July 31. While we acknowledge the potential of GPC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
02-08-2025
- Automotive
- Yahoo
Looking for Stability? Genuine Parts Company (GPC) Could Be a Smart Buy and Hold Choice
Genuine Parts Company (NYSE:GPC) is included among the 10 Best Dividend Stocks to Buy and Hold Forever. A line of mechanics diagnosing a recreation vehicle engine at a repair shop. Genuine Parts Company (NYSE:GPC) runs several distribution and retail brands that specialize in automotive and industrial parts and components. Together, the company operates more than 10,700 locations around the world, including distribution centers, service centers, and retail outlets. Its two main business segments, automotive and industrial, benefit from consistent demand. Genuine Parts Company (NYSE:GPC) is also expanding into fast-growing areas such as electric vehicle parts and services for commercial fleets. With a strong international presence and continued investment in digital infrastructure and research and development, Genuine Parts is well-positioned for long-term growth. Over the past ten years, Genuine Parts Company (NYSE:GPC) has increased its dividend by an average of about 5% annually, suggesting a similar pace of growth may continue. The company holds one of the longest dividend growth streaks in the market, spanning 69 years. Currently, it pays a quarterly dividend of $1.03 per share and has a dividend yield of 3.20%, as of July 31. While we acknowledge the potential of GPC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
22-07-2025
- Automotive
- Yahoo
GPC Tops Q2 Earnings Estimates, Slashes 2025 View Amid Tariffs
Genuine Parts Company GPC reported second-quarter 2025 adjusted earnings of $2.10 per share, which beat the Zacks Consensus Estimate of $2.08. The bottom line, however, declined from the year-ago quarter's earnings of $2.44 per share. The company reported net sales of $6.16 billion, which surpassed the Zacks Consensus Estimate of $6.11 billion and grew 3.4% year over year. The increase was driven by a 2.06% contribution from acquisitions, a 0.6% boost from favorable currency exchange and a 0.2% rise in comparable sales. GPC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Genuine Parts Company Price, Consensus and EPS Surprise Genuine Parts Company price-consensus-eps-surprise-chart | Genuine Parts Company Quote Segmental Performance The Automotive segment's net sales totaled $3.9 billion in the reported quarter, up 5% year over year, largely on acquisition benefits. The sales also surpassed our estimate of $3.84 billion. The segment's comparable sales grew 0.4% year over year. EBITDA from the unit decreased 6.9% to $338 million. EBITDA margin came in at 8.6%, down 110 basis points from the year-ago period. The Industrial Parts segment's net sales rose 0.7% year over year to $2.3 billion courtesy of acquisition benefits. The sales also beat our estimate of $2.26 billion. The segment's comparable sales decreased 0.1% in the reported quarter. EBITDA grew 1.1% to $288 million, with a margin of 12.8%, up 10 basis points year over year. Financial Performance Genuine Parts had cash and cash equivalents worth $458 million as of June 30, 2025, down from $480 million as of Dec. 31, 2024. Long-term debt increased to $3,744 million from $3,742 million as of Dec. 31, 2024. The company exited the second quarter with $1.5 billion in total liquidity. Genuine Parts Revises 2025 Guidance For 2025, Genuine Parts expects overall sales growth of 1-3% versus the prior guided range of 2-4%. Automotive sales are now anticipated to increase 1.5-3.5%, compared with the previous forecast of 2-4%. Expectations for industrial sales growth were trimmed to 1-3% from 2-4% projected earlier. The company now envisions adjusted earnings per share between $7.50 and $8 compared with the prior guided range of $7.75-$8.25. Operating cash flow is expected in the band of $1.1-$1.3 billion versus the previous guidance of $1.2-$1.4 billion. The FCF projection was also narrowed to $700-$900 million from $800 million-$1 billion forecast earlier. Other Key Q2 Auto Releases General Motors GM came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $3.06 per share a year ago. It posted revenues of $47.12 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.89%. This compares to year-ago revenues of $47.97 billion. General Motors expects net income attributable to shareholders in the band of $7.7-$9.5 billion in 2025. Adjusted EPS is forecast between $8.25 and $10. Autoliv, Inc. ALV came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.87 per share a year ago. It posted revenues of $2.71 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.36%. This compares to year-ago revenues of $2.61 expects 2025 organic sales growth of around 3% compared with 0.4% reported in 2024. The adjusted operating margin is anticipated to be in the range of 10-10.5%, up from $9.7% in 2024. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Genuine Parts Company (GPC) : Free Stock Analysis Report Autoliv, Inc. (ALV) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Automotive
- Yahoo
A Look Back at Auto Parts Retailer Stocks' Q1 Earnings: Genuine Parts (NYSE:GPC) Vs The Rest Of The Pack
As the Q1 earnings season wraps, let's dig into this quarter's best and worst performers in the auto parts retailer industry, including Genuine Parts (NYSE:GPC) and its peers. Cars are complex machines that need maintenance and occasional repairs, and auto parts retailers cater to the professional mechanic as well as the do-it-yourself (DIY) fixer. Work on cars may entail replacing fluids, parts, or accessories, and these stores have the parts and accessories or these jobs. While e-commerce competition presents a risk, these stores have a leg up due to the combination of broad and deep selection as well as expertise provided by sales associates. Another change on the horizon could be the increasing penetration of electric vehicles. The 5 auto parts retailer stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 1%. Luckily, auto parts retailer stocks have performed well with share prices up 24.2% on average since the latest earnings results. Genuine Parts (NYSE:GPC) Largely targeting the professional customer, Genuine Parts (NYSE:GPC) sells auto and industrial parts such as batteries, belts, bearings, and machine fluids. Genuine Parts reported revenues of $5.87 billion, up 1.4% year on year. This print exceeded analysts' expectations by 0.5%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' gross margin estimates. "We had a solid start to 2025, despite the tariffs and trade dynamics that are impacting the operating landscape," said Will Stengel, President and Chief Executive Officer. Interestingly, the stock is up 9.6% since reporting and currently trades at $122.55. Is now the time to buy Genuine Parts? Access our full analysis of the earnings results here, it's free. Best Q1: Advance Auto Parts (NYSE:AAP) Founded in Virginia in 1932, Advance Auto Parts (NYSE:AAP) is an auto parts and accessories retailer that sells everything from carburetors to motor oil to car floor mats. Advance Auto Parts reported revenues of $2.58 billion, down 6.8% year on year, outperforming analysts' expectations by 3.1%. The business had a strong quarter with an impressive beat of analysts' EPS estimates and full-year EPS guidance exceeding analysts' expectations. Advance Auto Parts scored the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 99.1% since reporting. It currently trades at $62.29. Is now the time to buy Advance Auto Parts? Access our full analysis of the earnings results here, it's free. Slowest Q1: Monro (NASDAQ:MNRO) Started as a single location in Rochester, New York, Monro (NASDAQ:MNRO) provides common auto services such as brake repairs, tire replacements, and oil changes. Monro reported revenues of $295 million, down 4.9% year on year, exceeding analysts' expectations by 1.3%. Still, it was a softer quarter as it posted a significant miss of analysts' EBITDA and gross margin estimates. Interestingly, the stock is up 16.6% since the results and currently trades at $14.88. Read our full analysis of Monro's results here. O'Reilly (NASDAQ:ORLY) Serving both the DIY customer and professional mechanic, O'Reilly Automotive (NASDAQ:ORLY) is an auto parts and accessories retailer that sells everything from fuel pumps to car air fresheners to mufflers. O'Reilly reported revenues of $4.14 billion, up 4% year on year. This print missed analysts' expectations by 0.9%. More broadly, it was a mixed quarter as it also logged full-year EPS guidance exceeding analysts' expectations. O'Reilly had the weakest performance against analyst estimates and weakest full-year guidance update among its peers. The stock is flat since reporting and currently trades at $91.40. Read our full, actionable report on O'Reilly here, it's free. AutoZone (NYSE:AZO) Aiming to be a one-stop shop for the DIY customer, AutoZone (NYSE:AZO) is an auto parts and accessories retailer that sells everything from car batteries to windshield wiper fluid to brake pads. AutoZone reported revenues of $4.46 billion, up 5.4% year on year. This number topped analysts' expectations by 1.1%. Zooming out, it was a slower quarter as it logged a miss of analysts' EBITDA estimates and a slight miss of analysts' gross margin estimates. AutoZone delivered the fastest revenue growth among its peers. The stock is down 3.8% since reporting and currently trades at $3,683. Read our full, actionable report on AutoZone here, it's free. Market Update Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
