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LKQ Corporation to Release Second Quarter 2025 Results on Thursday, July 24, 2025
Globenewswire· 2025-06-26 14:00
Core Points - LKQ Corporation will release its second quarter 2025 financial results on July 24, 2025 [1] - A conference call and webcast will be held on the same day at 8:00 a.m. Eastern Time to discuss the results [2] - The company provides a range of alternative and specialty parts for automobiles and has operations in North America, Europe, and Taiwan [5] Conference Call Details - The conference call can be accessed by dialing (833) 470-1428 for domestic calls and (404) 975-4839 for international calls, with a conference ID of 409932 [2] - A replay of the conference call will be available by telephone and online, accessible through July 31, 2025 [4] Company Overview - LKQ Corporation is a leading provider of OE recycled and aftermarket parts, offering services to repair and accessorize various types of vehicles [5]
LKQ Corporation and SYNETIQ, an IAA Company Announce Strategic European Joint Venture
Globenewswire· 2025-06-24 12:00
Core Insights - LKQ Corporation has formed a joint venture with SYNETIQ Ltd. to enhance its vehicle recycled parts strategy in Europe [1][2] - The joint venture, named LKQ SYNETIQ, aims to leverage LKQ's distribution capabilities and SYNETIQ's dismantling and recycling expertise to meet future EU regulations [2][4] - The collaboration is expected to provide sustainable and affordable parts for automotive repair, particularly for hybrid and electric vehicles [4] Company Overview - LKQ Corporation is a leading provider of alternative and specialty parts for automobiles, with operations in North America, Europe, and Taiwan [5] - The company offers a wide range of OE recycled and aftermarket parts, components, and services for various types of vehicles [5] Joint Venture Details - LKQ SYNETIQ will combine LKQ's logistics network with SYNETIQ's dismantling capabilities, which include dismantling approximately 27,000 vehicles annually across four UK sites [2][3] - The joint venture will be led by key executives from both companies, including Michael Hill from SYNETIQ and Annick Jourdenais from LKQ Europe [3] Strategic Goals - The partnership aims to maximize the environmental and financial potential of vehicles while supporting the UK's salvage community [4] - LKQ plans to continue acquiring salvage vehicles and recycled parts from various sources to enhance availability for consumers [4]
LKQ Publishes 2024 Global Sustainability Report
GlobeNewswire News Room· 2025-05-28 12:35
Core Insights - LKQ Corporation released its 2024 Sustainability Report, highlighting its commitment to driving success as a leading operator while supporting the global circular economy [1][2] - The company emphasizes a three-pillar strategy focused on sustainable solutions, people-led performance, and strong governance to manage risks and capitalize on opportunities [2][3] Company Achievements - In 2024, LKQ processed 735,000 vehicles and sold nearly 12 million salvaged parts, contributing significantly to the circular economy [5] - The company reduced Scope 1 and Scope 2 greenhouse gas emissions by 16% relative to revenue compared to a 2022 baseline, achieved through renewable energy use and energy efficiency upgrades [5] - LKQ donated over $4 million through its Community Foundation to various charitable causes, enhancing its community engagement and stakeholder relationships [5]