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LKQ Corporation

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LKQ Corporation focuses on growing its footprint through organic expansion and acquisitions. The acquisition of Stahlgruber GmbH allowed LKQ to spread out its existence in the European countries.  Also, LKQ Corporation is witnessing a strong revenue growth in the Parts and services. In the first nine-months of 2018, the figure increased 5.1% year over year. However, global organic revenue growth from parts and services are likely to decline marginally in the fourth quarter. High expenditure due to fluctuating prices of fuel, scrap metal and other commodities and product recall are adding to the company’s selling, general and administrative expenses, which will hurt its margins.

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