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Silicom Reports Q3 2024 Results

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KFAR SAVA, Israel, Oct. 31, 2024 /PRNewswire/ — Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the third quarter ended September 30, 2024.  

Financial Results

Third quarter: Silicom’s revenues for the third quarter of 2024 were $14.8 million compared with $30.1 million for the third quarter of 2023.

On a GAAP basis, the company’s net loss for the quarter totalled $2.6 million, or $0.44 per ordinary share (basic and diluted), compared with net income of $1.2 million, or $0.18 per ordinary share (basic and diluted), for the third quarter of 2023.

On a non-GAAP basis (as described and reconciled below), net loss for the quarter totalled $1.7 million, or $0.28 per ordinary share (basic and diluted), compared with net income of $2.1 million, or $0.30 per ordinary share (basic and diluted), for the third quarter of 2023.

First Nine Months: Silicom’s revenues for the first nine months of 2024 were $43.6 million compared with $105.4 million for the first three quarters of 2023.

On a GAAP basis, net loss for the period totalled $7.6 million, or $1.24 per ordinary share (basic and diluted), compared with net income of $8.6 million, or $1.26 per diluted share ($1.27 per basic share), for the first nine months of 2023.

On a non-GAAP basis (as described and reconciled below), net loss for the period totalled $4.9 million, or $0.80 per ordinary share (basic and diluted), compared with net income of $10.7 million, or $1.57 per diluted share ($1.58 per basic share), for the first nine months of 2023.

During the first nine months of 2024, the Company generated approximately $14 million in cash, and invested more than half of that, approximately $8.6 million, in repurchasing Silicom shares.

Guidance

Management projects that revenues for the fourth quarter of 2024 will range from $14 million to $15 million. Growth in 2025 is expected to be in the low single digits, with strong 20%-30% compound annual growth rate materializing gradually from 2026.

Comments of Management  

Liron Eizenman, Silicom’s President and CEO, commented, “During the third quarter, we continued to progress towards our mid- and long-term goals while dealing responsibly with our short-term challenges. While we continue to be negatively impacted by excess inventories built by specific customers in previous years – whether in reaction to supply chain disruptions only or in combination with slower-than-expected sales of their new products and services – we believe we will see improvement in the situation during 2025 and a resolution by the end of 2025.”

“In the meantime, we continue moving forward according to our strategic plan, with significant milestones affirming the potential of our core Server Adapter and Edge System products to drive significant revenue growth in 2026 and beyond. For example, a service provider customer has recently decided to standardize on our Edge products for all of its deployment scenarios, making Silicom its single hardware provider for its diverse offerings. Deployments will initiate in 2025, and we expect related sales to reach several million dollars per year already in 2026. In parallel, a network equipment OEM has selected one of our high-speed 400G FPGA smart NICs for its core network architecture, with first deliveries scheduled for the first quarter of 2025 and a multi-million-dollar ramp up beginning in 2026. As we continuously increase the number of these ‘slow and steady’ engagements, we will benefit from ongoing revenue growth and a reduced dependency on specific large accounts. Any faster-than-projected ramp up of pipeline deals could accelerate our progress significantly.” 

Mr. Eizenman continued, “Looking forward, we continue to focus on achieving an EPS above $3 as we return our revenues to $150 – $160 million per year. To this end, we have ‘right-sized’ our expenses, investing as needed to achieve our strategic targets while retaining tight control of our outlays. Based on our very strong balance sheet, we continue moving forward with our share buyback plan: in fact, during the first three quarters of 2024 we have already repurchased more than half a million shares.”

Mr. Eizenman concluded, “All in all, we are operating from an extremely solid financial platform, executing on an impressive pipeline and pursuing ambitious but achievable goals. Our team is dedicated, experienced, and fully focused on creating value – for our customers, for the market as a whole, and especially for our shareholders.”

Conference Call Details
Silicom’s Management will host an interactive conference today, October 31st, at 9am Eastern Time (6am Pacific Time, 3pm Israel Time) to review and discuss the results.

To participate, investors may either listen via a webcast link hosted on Silicom’s website or via the dial-in. The link is under the investor relations’ webcast section of Silicom’s website at https://www.silicom-usa.com/webcasts/ 

For those that wish to dial in via telephone, one of the following teleconferencing numbers may be used:

US: 1 866 860 9642
ISRAEL: 03 918 0609
INTERNATIONAL:  +972 3 918 0609
At: 9:00am Eastern Time, 6:00am Pacific Time, 3:00pm Israel Time

It is advised to connect to the conference call a few minutes before the start.

For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call under the above-mentioned webcast section of Silicom’s website.

Non-GAAP Financial Measures

This release, including the financial tables below, presents other financial information that may be considered “non-GAAP financial measures” under Regulation G and related reporting requirements promulgated by the Securities and Exchange Commission (the “SEC”) as they apply to our company. These non-GAAP financial measures exclude compensation expenses in respect of options and RSUs granted to directors, officers and employees, impairment of goodwill, taxes on amortization and impairment of acquired intangible assets, impairment of intangible assets and related write-offs, as well as lease liabilities – financial expenses (income). Non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, GAAP financial measures. The tables also present the GAAP financial measures, which are most comparable to the non-GAAP financial measures as well as reconciliation between the non-GAAP financial measures and the most comparable GAAP financial measures. The non-GAAP financial information presented herein should not be considered in isolation from or as a substitute for operating income (loss), net income (loss) or per share data prepared in accordance with GAAP.

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom’s solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.

Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.

Silicom’s long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins and more than 300 product SKUs have made Silicom a “go-to” connectivity/performance partner of choice for technology leaders around the globe.

For more information, please visit: www.silicom.co.il

Statements in this press Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company’s control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom’s increasing dependence for substantial revenue growth on a limited number of customers, the speed and extent to which Silicom’s solutions are adopted by the relevant markets, difficulty in commercializing and marketing of Silicom’s products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to its manufacturing, sales & marketing, development and customer support activities, the impact of the wars in Gaza and in the Ukraine, attacks on shipping by Huthis in the Red Sea, rising inflation, rising interest rates and volatile exchange rates, as well as any continuing or new effects resulting from the COVID-19 pandemic, and  the global economic uncertainty, which may impact customer demand by encouraging them to exercise greater caution and selectivity with their short-term IT investment plans. The factors noted above are not exhaustive.

Further information about the company’s businesses, including information about factors that could materially affect Silicom’s results of operations and financial condition, are discussed in our Annual Report on Form 20-F and other documents filed by the Company and that may be subsequently filed by the company from time to time with the SEC. These forward-looking statements can generally be identified as such because the context of the statement will include words such as “expect,” “should,” “believe,” “anticipate” or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise. 

Company Contact:

Eran Gilad, CFO

Silicom Ltd.        

Tel: +972-9-764-4555      

E-mail: erang@silicom.co.il

Investor Relations Contact:

Ehud Helft

EK Global Investor Relations

Tel: +1 212 378 8040

E-mail: silicom@ekgir.com 

 

— FINANCIAL TABLES FOLLOW –

 

Silicom Ltd. Consolidated Balance Sheets

(US$ thousands)

September 30,

December 31,

2024

2023

Assets

Current assets

Cash and cash equivalents

$

59,489

$

46,972

Marketable securities

9,818

7,957

Accounts receivables: Trade, net

13,264

25,004

Accounts receivables: Other

7,033

3,688

Inventories

43,498

51,507

Total current assets

133,102

135,128

Marketable securities

7,799

16,619

Assets held for employees’ severance benefits                                     

1,481

1,357

Deferred tax assets

2,747

2,359

Property, plant and equipment, net

2,914

3,552

Intangible assets, net

2,316

2,253

Right of Use

7,280

6,466

Total assets

$

157,639

$

167,734

Liabilities and shareholders’ equity

Current liabilities

Trade accounts payable

$

7,490

$

4,139

Other accounts payable and accrued expenses

6,443

6,668

Lease Liabilities

1,633

2,070

Total current liabilities

15,566

12,877

Lease Liabilities

5,034

3,877

Liability for employees’ severance benefits

2,596

2,672

Deferred tax liabilities

92

46

Total liabilities

23,288

19,472

Shareholders’ equity

Ordinary shares and additional paid-in capital

73,000

70,693

Treasury shares

(52,271)

(43,631)

Retained earnings

113,622

121,200

Total shareholders’ equity

134,351

148,262

Total liabilities and shareholders’ equity

$

157,639

$

167,734

Silicom Ltd. Consolidated Statements of Operations

(US$ thousands, except for share and per share data)

Three-month period

Nine-month period

ended September 30,

ended September 30,

2024

2023

2024

2023

Sales

$

14,756

$

30,057

$

43,623

$

105,368

Cost of sales

10,593

20,821

31,158

72,185

Gross profit

4,163

9,236

12,465

33,183

Research and development expenses

4,958

5,231

14,827

15,622

Selling and marketing expenses

1,366

1,946

4,360

5,343

General and administrative expenses

952

1,099

2,978

3,205

Total operating expenses

7,276

8,276

22,165

24,170

Operating income (loss)

(3,113)

960

(9,700)

9,013

Financial income (expenses), net

515

434

1,601

1,201

Income (loss) before income taxes

(2,598)

1,394

(8,099)

10,214

Income taxes

32

183

(521)

1,660

Net income (loss)

$

(2,630)

$

1,211

$

(7,578)

$

8,554

Basic income (loss) per ordinary share (US$)

$

(0.44)

$

0.18

$

(1.24)

$

1.27

Weighted average number of ordinary shares used to
compute basic income (loss) per share (in thousands)

5,919

6,744

6,090

6,754

Diluted income (loss) per ordinary share (US$)

$

(0.44)

$

0.18

$

(1.24)

$

1.26

Weighted average number of ordinary shares used to
compute diluted income (loss) per share (in thousands)

5,919

6,753

6,090

6,809

 

Silicom Ltd. Reconciliation of Non-GAAP Financial Results

(US$ thousands, except for share and per share data)

Three-month period

Nine-month period

ended September 30,

ended September 30,

2024

2023

2024

2023

GAAP gross profit

$

4,163

$

9,236

$

12,465

$

33,183

(1) Share-based compensation (*)

82

105

193

323

Non-GAAP gross profit

$

4,245

$

9,341

$

12,658

$

33,506

GAAP operating income (loss)

$

(3,113)

$

960

$

(9,700)

$

9,013

Gross profit adjustments

82

105

193

323

(1) Share-based compensation (*)

777

834

2,113

2,091

Non-GAAP operating income (loss)

$

(2,254)

$

1,899

$

(7,394)

$

11,427

GAAP net income (loss)

$

(2,630)

$

1,211

$

(7,578)

$

8,554

Operating income (loss) adjustments

859

939

2,306

2,414

(2) Lease liabilities – Financial expenses (income)

98

(163)

(9)

(467)

(3) Taxes on amortization and impairment of acquired intangible assets

22

68

397

203

Non-GAAP net income (loss)

$

(1,651)

$

2,055

$

(4,884)

$

10,704

GAAP net income (loss)

$

(2,630)

$

1,211

$

(7,578)

$

8,554

Adjustments for Non-GAAP Cost of sales

82

105

193

323

Adjustments for Non-GAAP Research and development expenses

386

412

986

1,010

Adjustments for Non-GAAP Selling and marketing expenses

191

199

537

548

Adjustments for Non-GAAP General and administrative expenses

200

223

590

533

Adjustments for Non-GAAP Financial income (loss), net

98

(163)

(9)

(467)

Adjustments for Non-GAAP Income taxes

22

68

397

203

Non-GAAP net income (loss)

$

(1,651)

$

2,055

$

(4,884)

$

10,704

GAAP basic income (loss) per ordinary share (US$)

$

(0.44)

$

0.18

$

(1.24)

$

1.27

(1) Share-based compensation (*)

0.14

0.13

0.37

0.35

(2) Lease liabilities – Financial expenses (income)

0.02

(0.02)

–

(0.07)

(3) Taxes on amortization and impairment of acquired intangible assets

–

0.01

0.07

0.03

Non-GAAP basic income (loss) per ordinary share (US$)

$

(0.28)

$

0.30

$

(0.80)

$

1.58

GAAP diluted income (loss) per ordinary share (US$)

$

(0.44)

$

0.18

$

(1.24)

$

1.26

(1) Share-based compensation (*)

0.14

0.13

0.37

0.35

(2) Lease liabilities – Financial expenses (income)

0.02

(0.02)

–

(0.07)

(3) Taxes on amortization and impairment of acquired intangible assets

–

0.01

0.07

0.03

Non-GAAP diluted income (loss) per ordinary share (US$)

$

(0.28)

$

0.30

$

(0.80)

$

1.57

(*) Adjustments related to share-based compensation expenses according to ASC topic 718 (SFAS 123 (R))

 

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SOURCE Silicom Ltd.

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Ampersand Capital Partners Named to Inc.’s 2024 List of Founder-Friendly Investors

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October 31, 2024

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BOSTON, Oct. 31, 2024 /PRNewswire/ — For the third consecutive year, Ampersand Capital Partners has been named to Inc.’s 2024 Founder-Friendly Investors list, which honors the private equity and venture capital firms with a proven track record for building strong partnerships with entrepreneurs. The list recognizes investment firms that remain actively involved with the businesses in which they invest while earning the trust of the entrepreneurs they support.

“Our investment philosophy extends far beyond simply meeting capital needs; it focuses on forging relationships with founders. Being consistently recognized by Inc. as a founder-friendly investor underscores our steadfast commitment to collaborating with entrepreneurs to realize a shared vision for growth and innovation in healthcare and life sciences,” said Herb Hooper, Managing Partner at Ampersand Capital Partners.

To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity and venture capital firms. Founders filled out a questionnaire about their experiences partnering with private equity, venture capital, and debt firms and shared data on how their portfolio companies have grown during these partnerships.

“It has been a complicated few years for growth companies and the companies that fund them,” said Mike Hofman, editor-in-chief of Inc. “So we are happy to share with our readers the best, latest guidance on which venture capital firms, private equity firms, and growth-capital lenders have the track record and reputation of being especially good partners to founders and CEOs.”

Introduced in 2019, the Founder-Friendly Investors list quickly established itself as one of Inc.’s most resourceful franchises. It has become a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake.

To see the complete list, go to: https://www.inc.com/founder-friendly-investors/2024 

The 2024 List of Founder-Friendly Investors was announced by Inc. on October 29, 2024, and the award is based upon information from the previous year. Ampersand Capital Partners (“Ampersand”) paid Inc. a nonrefundable application fee to participate in Inc.’s 2024 Founder-Friendly Investors Listing, which all applicants were required to pay. Ampersand submitted stories of founder-led investments and value creation as part of the submission entry. Inc. compiled its list by directly surveying founders who have sold to private equity and venture capital firms and worked with lenders. Inc. then examined data on portfolio company growth during those partnerships. This award is not to be construed as indicative of future performance. To see the complete list of award recipients, go to: https://www.inc.com/founder-friendly-investors/2024. 

About Ampersand Capital Partners
Ampersand Capital Partners, founded in 1988, is a middle-market private equity firm with $3 billion of assets under management, dedicated to growth-oriented investments in the healthcare sector. With offices in Boston, MA, and Amsterdam, Netherlands, Ampersand leverages a unique blend of private equity and operating experience to build value and drive long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of the firm’s core healthcare sectors. For additional information, visit AmpersandCapital.com or follow us on LinkedIn.

About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, digital, print, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

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SOURCE Ampersand Capital Partners

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D2K Traffic Welcomes Jodie Braskich as Chief Operating Officer

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October 31, 2024

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CHICAGO, Oct. 31, 2024 /PRNewswire/ — D2K Traffic, a leader in traffic management solutions, is proud to announce the appointment of Jodie Braskich as the company’s new Chief Operating Officer (COO), effective October 15, 2024. Braskich brings over 20 years of experience in supply chain, operations, project management, and business development, making her a key addition to D2K Traffic’s leadership team during an exciting period of growth and innovation.

D2K Traffic Safety, Inc. names Jodie Braskich as COO.

Braskich joins D2K Traffic following a successful tenure with Davey Resource Group, where she most recently served as Director of Midwestern Operations. In this role, she was instrumental in improving operational efficiencies, driving revenue growth, and delivering high-quality project results. Braskich’s deep understanding of field operations, coupled with her strategic leadership style, has made her a standout leader in the industry. She has consistently fostered strong partnerships and successfully led teams to exceed performance targets.

“Jodie’s proven expertise in operational leadership and her commitment to building trusted relationships with clients and teams alike will be invaluable as D2K Traffic continues to expand its services and reach new markets,” said Kathi Holst, CEO of D2K Traffic. “We are confident that Jodie’s vision and leadership will help us continue to deliver industry-leading traffic solutions to communities and businesses nationwide.”

Braskich is known for her collaborative approach and belief in empowering her teams to achieve success. Her ability to optimize operational performance and create long-term strategies has yielded sustained improvements in all aspects of project execution. With a strong focus on safety, quality, and performance, she will play a critical role in shaping the future of D2K Traffic’s operations.

In addition to her professional accomplishments, Braskich enjoys spending time with her family. She and her husband are parents to four sons and avid hockey fans. In her free time, they enjoy outdoor activities, including walking their Bernedoodle.

D2K Traffic looks forward to the leadership and expertise Braskich will bring to the company as it continues its mission to provide innovative traffic solutions that ensure safety and efficiency for communities across the country.

About D2K Traffic
D2K Traffic is a premier provider of traffic management services, offering cutting-edge solutions to improve traffic flow and safety in communities and businesses across the Midwest. Through its commitment to innovation and customer service, D2K Traffic delivers comprehensive traffic solutions tailored to meet the specific needs of its clients.

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SOURCE D2K Traffic Safety, Inc.

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bproauto Continues Growing as a Top-notch Source of Original Equipment-backed Aftermarket Parts

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29 seconds ago

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October 31, 2024

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AUBURN HILLS, Mich. , Oct. 31, 2024 /PRNewswire/ —

bproauto aftermarket parts brand launched in January 2023 to the North American market More than 20 bproauto product lines are available today with additional part numbers and new products launching regularly bproauto parts will be showcased as part of upcoming vehicle reconditioning projects on MotorTrend TV shows “Two Guys Garage” and “Truck U” bproauto team is attending its second consecutive Automotive Aftermarket Products Expo (AAPEX) Show (booth A3233) in Las Vegas, Nov. 5-7, hosting Kevin and Willie B from “Two Guys Garage”  Large print and digital advertising presence features bproauto on Ratchet + Wrench, Shop Owner, Motor Age, CARS, EV World and Jobber News, as well as vehicleservicepros.com and ratchetandwrench.com bproautoparts.com features an intuitive, interactive online parts catalog with six ways to search parts bproauto parts are also available on e-commerce platform RepairLink and through a network of more than 3,000 distribution centers bproauto has an active social media presence on YouTube, Facebook and LinkedIn 

bproauto, a leading provider of original equipment (OE)-backed and quality-tested aftermarket parts, is approaching its second year of operations in North America. Launched in January 2023, bproauto has rapidly expanded its product offerings and market presence, ensuring that customers have access to high-quality, competitively priced parts that are readily available, and warranty backed. 

“We set out to redefine the aftermarket parts landscape by bringing quality, reliability and ease of access to our customers,” said Dustin Pedley, global head of bproauto. “In less than two years, we have not only met those goals but exceeded them. Our growth has been fueled by a commitment to deliver parts that automotive professionals can trust.” 

Expansion of Product Offerings 
Since its inception, bproauto has steadily increased its product portfolio and now offers more than 20 categories of automotive parts. Products currently available include air and fuel delivery systems, brakes, driveline and axle components, electrical parts, engine filters, HVAC systems, suspension parts and more. 

“We are proud of the strides we’ve made in expanding our product range,” Pedley continued. “Our team works tirelessly to bring new, innovative parts to market. For the remainder of 2024, we are looking forward to launching a range of new products, including ignition coils, brake hardware and even collision parts.” 

High-profile Media Appearances 
Upcoming high-profile media appearances will see bproauto showcasing products as part of vehicle reconditioning projects on MotorTrend TV’s popular shows “Two Guys Garage” and “Truck U.” The brand will be featured in upcoming episodes through 2025, bringing greater awareness to its range of quality products.  

New episodes of “Two Guys Garage” featuring bproauto parts will air in early November while episodes of “Truck U” featuring bproauto parts will air beginning Dec. 15, 2024. 

Second Appearance at AAPEX 
bproauto is gearing up for its second consecutive appearance at the Automotive Aftermarket Products Expo (AAPEX) Show in Las Vegas, Nov. 5-7. Visitors to booth A3233 will have the chance to meet Kevin and Willie B from “Two Guys Garage,” talk to bproauto parts specialists and experience firsthand how easy it is to do business with the company. 

“AAPEX is a key event for us,” said Pedley. “It’s an excellent opportunity to connect directly with our customers and show them the full breadth of our product lineup and the benefits of choosing bproauto parts. We’re especially excited to have Kevin and Willie B join us for what promises to be an exciting showcase.” 

Digital Innovation and Marketing Presence 
The company’s robust digital presence has also played a critical role in its growth. With a large print and digital advertising campaign spanning industry publications like Ratchet + Wrench, Shop Owner, Motor Age and CARS, bproauto has cemented its presence as a go-to source for automotive parts. In addition, its intuitive online catalog allows users to search parts efficiently by category, make and model, VIN and even competitor part numbers. 

Industry Partnerships and Availability 
bproauto parts are now available on major platforms, like e-commerce site RepairLink, and through a network of more than 3,000 distribution centers, making them accessible to a broad range of customers across North America. This accessibility is complemented by the company’s active social media presence on Facebook and LinkedIn, providing customers with the latest updates and insights on products and industry trends. 

As bproauto nears its second year, the company remains committed to innovation, quality and customer satisfaction. With plans for continued expansion and new product launches on the horizon, the future looks bright for this rapidly growing brand. 

bproauto 
bproauto parts are OE-backed, quality-tested aftermarket parts designed for most makes and models. With a growing catalog of products, bproauto offers reliable, competitively priced parts that are readily available and backed by a comprehensive warranty. 

Complete information about bproauto is available at www.bproautoparts.com. 

Follow bproauto and company news and video on: 
bproauto brand: www.bproautoparts.com  
Facebook: https://www.facebook.com/bproautoparts 
LinkedIn: https://www.linkedin.com/company/bproautoparts/  
YouTube: https://www.youtube.com/@bproautoparts 

 

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SOURCE Stellantis

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