Genuine Parts
Industry: Auto & Truck Parts

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company's automotive segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks and buses. Genuine Parts' industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies.

Business Summary
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company operates through four groups: Automotive Parts Group, Industrial Parts Group, Office Products Group and Electrical/Electronic Materials Group. The Automotive Parts Group distributes automotive replacement parts and accessory items. The Industrial Parts Group distributes industrial replacement parts and related supplies throughout the United States and Canada. The Office Products Group is engaged in the wholesale distribution of a broad line of office and other business related products that are used in the daily operation of businesses, schools, offices and institutions. The Electrical/Electronic Materials Group distributes materials to more than 20,000 electrical and electronic manufacturers in North America.

Financial Summary
For the nine months ended 30 September 2005, Genuine Parts Company's revenues increased 8% to $7.37B. Net income increased 10% to $328.4M. Revenues reflect an increase in earnings from the automotive, industrial and the office products segments. Net income reflects an improved gross profit margins. GPC is a service organization engaged in automotive replacement parts, industrial replacement parts and office products.