Report
Anne-Barbara Nicco ...
  • Linda FAKHFAKH

LKQ Corp : Rugged reliability

>The steady cash flow generation of LKQ places it among the most favoured issuers in the European bond market. While it is reassuring to hold some LKQ bonds in portfolio, attractive entry points for non-holders have traditionally been scarce as the LKQ senior notes are usually far from being cheap. However, an entrance window seems to be taking shape today. - Support factors - - Leading position in the vehicle parts distribution in North America and Europe with sales of...
Underlying
LKQ Corporation

LKQ is a holding company. Through its subsidiaries, the company provides alternative vehicle collision replacement products and alternative vehicle mechanical replacement products. The company is also a provider of alternative vehicle replacement and maintenance products in the United Kingdom, Germany, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Poland, Slovakia, Austria, and other European countries. In addition to its wholesale operations, the company operates self service retail facilities across the United States that sell recycled automotive products from end-of-life-vehicles. The company is also a distributor of specialty vehicle aftermarket equipment and accessories.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anne-Barbara Nicco

Linda FAKHFAKH

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