Generac Holdings (GNRC) Tops Q4 EPS by 8c
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Generac Reports Fourth Quarter and Full-Year 2015 Results
February 16, 2016 6:00 AM ESTFree cash flow a quarterly record of $101 million
WAUKESHA, Wis.--(BUSINESS WIRE)-- Generac Holdings Inc. (NYSE: GNRC) (the Company), a leading designer and manufacturer of power generation equipment and other engine powered products, today reported financial results for its fourth quarter and full-year ended December 31, 2015. Additionally, the Company initiated its outlook for 2016.
Fourth Quarter 2015 Highlights
Net sales were $357.8 million during the fourth quarter of 2015 as compared to $404.0 million in the prior-year fourth quarter, including a $14.9 million contribution from a recent acquisition.... MoreGenerac to Acquire Majority Share of PR Industrial
February 15, 2016 9:00 AM ESTAcquisition creates a major player in the global power generation market
WAUKESHA, Wis.--(BUSINESS WIRE)-- Generac Holdings Inc. (NYSE: GNRC) (Generac), a leading designer and manufacturer of power generation equipment and other engine powered products, announced today the signing of an agreement to acquire a majority share of PR Industrial S.r.l and its subsidiaries, owner of the Pramac® brand (collectively Pramac). The transaction is expected to close prior to the end of the first quarter of 2016.
Founded in 1966 by the Campinoti family and headquartered in... More
