Reduction in On-the-Road Accidents
Implemented in-cab monitoring equipment achieving 95% coverage in North America, leading to a nearly 40% reduction in on-the-road accidents.
Earnings Per Share Achievement
Achieved earnings per share at $0.79 for the quarter, meeting expectations despite challenging market conditions.
Leadership and Talent Development Initiatives
Launched global talent development function and held leadership conferences to align strategy and goals across North America and Europe.
Market Share Gains in North America
Outperformed repairable claims count growth by over 400 bps per year since 2015, with Q1 being 570 bps better, indicating market share gains.
SKU Rationalization and Private Label Penetration in Europe
Reduced stocking by 17,000 SKUs in Europe and increased private label penetration by 20 basis points.
Positive Growth in Lead Tech Calibration and Diagnostics
Generated positive growth for the lead tech calibration and diagnostics business and the bumper-to-bumper hard parts business in Canada.
Improvement in Self-Service EBITDA
Self-service delivered another quarter of year-over-year improvement in both EBITDA dollars and percentage.
Sustainability Report Announcement
Announced the upcoming publication of the 2024 sustainability report, emphasizing sustainability in operations.