Q2 2023 Financial Overview & Strategic Plan
FORWARD LOOKING
STATEMENTS
GENERAC
Certain statements contained in this presentation, as well as other
information provided from time to time by Generac Holdings Inc. or
its employees, may contain forward-looking statements that involve
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Forward-
looking statements give Generac's current expectations and
projections relating to the Company's financial condition, results of
operations, plans, objectives, future performance and business. You
can identify forward-looking statements by the fact that they do not
relate strictly to historical or current facts. These statements may
include words such as "anticipate," "estimate," "expect," "forecast,"
"project," "plan," "intend," "believe," "confident," "may," "should,"
"can have," "likely," "future," "optimistic" and other words and terms
of similar meaning in connection with any discussion of the timing or
nature of future operating or financial performance or other events.
Any such forward-looking statements are not guarantees of
performance or results, and involve risks, uncertainties (some of
which are beyond the Company's control) and assumptions.
Although Generac believes any forward-looking statements are
based on reasonable assumptions, you should be aware that many
factors could affect Generac's actual financial results and cause
them to differ materially from those anticipated in any forward-
looking statements, including:
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frequency and duration of power outages impacting demand for
our products;
fluctuations in cost and quality of raw materials required to
manufacture our products;
availability of both labor and key components from our
manufacturing operations and global supply chain, including
single-sourced components and contract manufacturers, needed in
producing our products;
the possibility that the expected synergies, efficiencies and cost
savings of our acquisitions will not be realized, or will not be
realized within the expected time period;
the risk that our acquisitions will not be integrated successfully;
the impact on our results of possible fluctuations in interest rates,
foreign currency exchange rates, commodities, product mix,
logistics costs and regulatory tariffs;
difficulties we may encounter as our business expands globally or
into new markets;
⚫ our dependence on our distribution network;
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our ability to remain competitive by investing in, developing or
adapting to changing technologies and manufacturing techniques,
as well as protecting our intellectual property rights;
⚫ loss of our key management and employees;
• increase in product and other liability claims or recalls;
• failures or security breaches of our networks, information
technology systems, or connected products;
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changes in laws and regulations regarding environmental, health
and safety, product compliance, or international trade that affect
our products, operations, or customer demand;
significant legal proceedings, claims, lawsuits or government
investigations; and
changes in durable goods spending by consumers and businesses
or other macroeconomic conditions, impacting demand for our
products.
Should one or more of these risks or uncertainties materialize,
Generac's actual results may vary in material respects from those
projected in any forward-looking statements. In the current
environment, some of the above factors have materialized and may
cause actual results to vary from these forward-looking statements.
A detailed discussion of these and other factors that may affect
future results is contained in Generac's filings with the U.S.
Securities and Exchange Commission ("SEC"), particularly in the
Risk Factors section of the 2022 Annual Report on Form 10-K and
in its periodic reports on Form 10-Q. Stockholders, potential
investors and other readers should consider these factors carefully
in evaluating the forward-looking statements.
Any forward-looking statement made by Generac in this
presentation speaks only as of the date on which it is made.
Generac undertakes no obligation to update any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by law.
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