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TheStreet Open House

Generac Holdings' CEO Presents At Bank Of America Merrill Lynch Global Industrials & Materials Conference (Transcript)

Stocks in this article: GNRC

Generac Holdings Inc. (GNRC)

Bank of America Merrill Lynch Global Industrials & Materials Conference Call

September 5, 2012 11:45 am ET



Executives



Aaron P. Jagdfeld – President and Chief Executive Officer

Analysts



Andrew Obin – Bank of America Merrill Lynch



Presentation



Andrew Obin – Bank of America Merrill Lynch



I am Andrew Obin, Bank of America Merrill Lynch machinery analyst, and we have here the management of Generac. We have Aaron Jagdfeld, Company’s President and CEO, and York Ragen, the Company’s CFO.

Generac produces power units. In fact, I was chatting with Aaron about getting one for my in-laws. And the company has experienced rapid growth as due to sort of unforeseen weather events, and increased adoption of the product, and it’s a very interesting story.

And I’ll let Aaron talk about it. Thank you very much for being here.

Aaron P. Jagdfeld



Thanks, Andrew. As Andrew said, I’m Aaron Jagdfeld, President and Chief Executive Officer at Generac. With me is York Ragen, our CFO. I’m not sure how familiar you are with the company, and we can go through these pretty quickly, these slides. We got a prepared deck here, and maybe leave a little more time for Q&A for those of you guys that are in attendance here, and skip lunch to be with us. So one of the downsides of presenting at 11:45 apparently.

But as Andrew said, I think there are a couple of things that from a highlight standpoint make this a very attractive investment. The first of which is just the rapid growth the company has experienced with the adoption of our residential products, and I’ll get into that, the second and that has led to best-in-class organic revenue growth.

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