Robert Smith

A. Carolina Jolly

Carolina Jolly

Jack Weisenberger

Patrick Buckley

Scott Stember

Bret Jordan

- Standard Motor Products (SMP) completed its largest acquisition, **Nissens**, in November, adding approximately **$277 million** in pro forma revenue and expanding into the European aftermarket, which now accounts for just under **20%** of total revenue.  **[93389_tx_375139_1]** **[93389_tx_375139_2]** **[93389_tx_375139_6]** 
- The company's core North American aftermarket segment grew to **$1.14 billion** in 2024, while the European aftermarket (Nissens) is experiencing mid to high single-digit growth, approximately **8% year-over-year**.  **[93389_tx_375139_2]** **[93389_tx_375139_4]** **[93389_tx_375139_5]** 
- SMP is actively deleveraging post-acquisition, reducing net debt from **3.7 times** at the end of 2024 to **3.2 times** by Q2, with a target to reach under **two times** by 2026.  **[93389_tx_375139_6]** **[93389_tx_375139_7]** 
- The company projects to become a **$2 billion** company in sales organically within a couple of years, driven by continued growth across its segments.  **[93389_tx_375139_7]**

STANDARD MOTOR PRODUCTS (SMP)