Genuine Parts Company · NYSE:GPC
Genuine Parts — Corporate Update (April 2020)
10 slides from Genuine Parts's corporate update, Apr 6, 2020
Slide 1: Genuine Parts COVID-19 Business Update April 6, 2020
Genuine Parts COVID-19 Business Update April 6, 2020
Slide 2: Safe Harbor Statement
Safe Harbor Statement FORWARD-LOOKING STATEMENTS: Some of the comments made and information contained in our presentation constitutes forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in the future tense
Slide 3: Introduction
Introduction The COVID-19 outbreak and pandemic continues to evolve rapidly. Our deepest and sincere thoughts go out to all affected by COVID-19, as well as the dedicated healthcare workers and first responders who are on the front lines for all our citizens. While the eventual outcome remains uncer
Slide 4: COVID-19 State of Business: Dynamics and Observations
COVID-19 State of Business: Dynamics and Observations COMPANY-WIDE COMMENTARY • Overall, our business segments experienced slowing sales trends over the last two weeks of March due to growing pandemic concerns and the expansion of efforts to combat COVID-19, such as “shelter in place” and other simi
Slide 5: COVID-19 Preparedness Update
COVID-19 Preparedness Update We have created a dedicated COVID-19 Taskforce and added enhanced protocols in response to COVID-19, including recommendations and requirements issued by the Centers for Disease Control and Prevention (“CDC”), World Health Organization (“WHO”), and local, state and natio
Slide 6: Durable Balance Sheet and Liquidity to Withstand COVID-19 Uncertainty
Durable Balance Sheet and Liquidity to Withstand COVID-19 Uncertainty AS OF 12/31/2019 LIQUIDITY PROFILE AS OF 3/31/2020 DEBT MATURITY SCHEDULE (3) $715 In millions Total Debt Outstanding $3.4B Total Credit Capacity $4.4B Less: Cash $0.3B Less: $400 Net Debt $3.1B Total Debt Outstanding (2) ($3.7B)
Slide 7: COVID-19 FAQ
COVID-19 FAQ What is the impact of COVID-19 on Genuine Parts’ What is the impact of COVID-19 on What is the potential impact of COVID-19 on ongoing operations (i.e., facilities, working from Genuine Parts’ 1st Quarter results and 2020 Genuine Parts’ supply chain? home, individual sites)? outlook? •
Slide 8: Summary
Summary At GPC, we continue to take The safety and well-being of our employees and customers is our top priority, and we aggressive and necessary 01 continue to follow the guidelines established by the leading health organizations. measures to keep our workplaces safe while also searching for pruden
Slide 9: Appendix
Appendix GPC INVESTOR PRESENTATION | 9
Slide 10: Net Debt to Adjusted EBITDA Reconciliation Table
2019 (In thousands, except net debt to adjusted EBITDA ratio) GAAP debt $3,426,099 Net Debt to Less: Cash 276,992 Net debt $3,149,107 Adjusted EBITDA GAAP net income $621,085 Reconciliation Add: Interest expense, net 91,315 Provision for income tax 209,215 Table Depreciation and amortization 270,288