Acquisitions and Financial Overview
FORWARD LOOKING
STATEMENTS
GENERAC
Certain statements contained in this news release, 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:
• frequency and duration of power outages impacting demand for
our products;
• availability, cost and quality of raw materials and key components
from our global supply chain and labor needed in producing our
products;
⚫ the impact on our results of possible fluctuations in interest
rates, foreign currency exchange rates, commodities, product
mix and regulatory tariffs;
⚫ 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 duration and scope of the impacts of the COVID-19
pandemic are uncertain and may or will continue to adversely
affect our operations, supply chain, and distribution for certain
of our products and services;
• difficulties we may encounter as our business expands globally
or into new markets;
⚫ our dependence on our distribution network;
⚫ our ability to invest in, develop or adapt to changing technologies
and manufacturing techniques;
• 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; and
.
changes in environmental, health and safety, or product
compliance laws and regulations affecting our products,
operations, or customer demand.
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 or will continue to be impacted by the COVID-19 pandemic,
which 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 2020 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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