LKQ Corporation (Nasdaq:LKQ) today reported second quarter 2021 results that reflect strength for the Company in a number of key metrics including total revenue, segment margins and free cash flow.

“We were able to produce yet another record performance in the second quarter. This performance marks two key milestones as the first quarterly period with EPS of over $1 and the highest quarterly Segment EBITDA in the Company’s history,” noted Dominick Zarcone, President and Chief Executive Officer.

Global revenue for the second quarter of 2021 was $3.4 billion, an increase of 30.8% as compared to $2.6 billion in the same period of 2020, reflecting the annualization of the pandemic impact during the second quarter of 2020.

In Q2 2021, LKQ Europe, achieved a double-digit revenue growth of 30.2% to $1.58 billion, as compared to $1.21 billion in the second quarter of 2020.

The segment EBITDA margin increased further to 10.7%.

“We continued our recovery from a challenging 2020 with a particularly strong double-digit growth in revenues in the second quarter of 2021.

The great dedication of our employees, together with the ongoing improvements from our 1 LKQ Europe program, and the strong loyalty of our customers helped us to further advance our business throughout Europe,” said Arnd Franz, CEO of LKQ Europe.