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The Industrial Parts Group had 2020 sales of $5.7 billion, a 13% sales decrease, or down 4.5% excluding the impact of the EIS divestiture in 2019. In review of the year, COVID-19 began to severely pressure the industrial economy in early spring, driving a second quarter sales decrease of 21%, or down 10% excluding divestitures.
Sales for the Industrial Parts Group were $1.6 billion, up 19.6% from 2020 and representing 33% of total Company revenues. The improvement reflects a 16.4% increase in comparable sales, a 2.4% favorable impact from foreign currency and a 0.8% benefit from acquisitions.
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Full Year 2020 Results. Sales from continuing operations for the twelve months ended December 31, 2020 were $16.5 billion, a 5.6% decrease compared to $17.5 billion in 2019. Excluding divestitures, net sales from continuing operations were down 2.3% for the twelve months.
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Feb 17, 2022 · Sales for the Industrial Parts Group were $1.6 billion, up 12.8% from 2020 and representing 34% of total Company revenues. The improvement reflects a 12.5% increase in comparable sales and a...
Sep 30, 2021 · Sales for the Industrial Parts Group were $1.6 billion, up 14.5% from 2020 and representing 34% of total Company revenues. The improvement reflects a 13.4% increase in comparable sales, a 0.8% favorable impact from foreign currency and a 0.3% benefit from acquisitions.
Jun 30, 2020 · Genuine Parts Company Reports Second Quarter 2020 Results. - Sales of $3.8 Billion, Down 14.2%; Excluding Divestitures, Down 10.1%, Impacted by the COVID-19 Pandemic. - Diluted Net Loss per Share from Continuing Operations $2.52. - Diluted Adjusted EPS from Continuing Operations $1.32.
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Apr 22, 2021 · Industrial sales were $1.5 billion, up 0.1% from the first quarter of 2020, representing 34% of total company revenues. The increase includes a 1.3% benefit of foreign currency and a 0.6%...