SMP(US:SMP)2025-10-31 15:00Company Overview - Standard Motor Products' (SMP) 2024 revenue was $1.5 billion and adjusted EBITDA was $140 million[13] - The company's market capitalization is approximately $858 million as of October 29, 2025[13] - SMP has approximately 6,200 employees[13] Market Segment Performance (2024 Revenue) - North American Aftermarket accounted for 67% of the company's revenue[11, 30] - European Aftermarket accounted for 16% of the company's revenue[11, 33] - Engineered Solutions accounted for 17% of the company's revenue[11, 36] Nissens Acquisition Impact - The acquisition of Nissens significantly expands SMP's aftermarket business, with pro forma aftermarket revenue reaching $1.42 billion in 2024[20] - Nissens brings over 15,000 SKUs and a strong presence in the European market[19] - The company expects $8-12 million in cost synergies from the Nissens acquisition[24] Financial Performance & Capital Allocation - The company's capital expenditure for 2024 was $44 million, including $20.3 million for new distribution build-out[67, 66] - SMP spent $10.4 million in 2024 to repurchase 321,000 shares[72] - The company's net debt stood at $502.3 million as of September 30, 2025[83]