Generac (US:GNRC)2025-06-24 09:59Company Overview - Generac's 2016 sales reached $1.444 billion[11], driven by a wide range of power generation equipment and engine-powered products[11] - The company has a global distribution network and approximately 4,500 employees as of January 1, 2017[11] - Generac has completed ten acquisitions since 2011, including Pramac and Motortech[11] Growth Strategy - The company aims to increase home standby generator penetration, where every 1% increase represents approximately $2 billion of market opportunity[25] - Generac is expanding its Commercial & Industrial (C&I) product offerings to gain market share[16] - The company is leveraging its technical capabilities for gaseous-fueled products and capitalizing on the faster-growing natural gas generator market[18] - Generac is expanding its global business, targeting the over $13 billion annual market outside the U.S. & Canada[18] Financial Performance & Outlook - As reported on February 14, 2017, the company projected consolidated net sales to increase between 5% to 7%, with core organic sales increasing between 1% to 3%[60] - Adjusted EBITDA margins are expected to be between 19.0% and 19.5%[61] - The company anticipates a cash income tax rate of approximately 14% of pretax income[61] - Pramac and Motortech acquisitions are expected to contribute roughly 5% growth, with an approximate 1% negative impact from foreign currency[61]