LKQ · 10-Q · 2026Q3 · Full report

Europe ERP Transformation

LKQ CORP · 2026-10-29 · Importance 57 · Surprise 50

LKQ continued its phased rollout of a common Enterprise Resource Planning (ERP) system across Europe and completed the Germany implementation in April 2026. The filing links operational challenges resulting from the Germany implementation to lower Europe segment volumes. Management reported that Europe’s nine-month organic parts and services revenue decreased by $420 million, or 8.9%, with ERP-related challenges identified as a primary driver alongside heightened competition and difficult economic conditions.

Key facts

• Europe's three-month 2026 revenue was affected by lower volumes from Germany ERP implementation challenges, volume declines in the U.K. and Benelux, and a $19 million (1.2%) exchange-rate decrease; acquisition and divestiture revenue added $13 million (0.8%). source
• Europe's nine-month organic revenue decline was driven by lower Germany volumes from ERP implementation challenges, heightened competition in certain markets, and difficult economic conditions; foreign exchange added $167 million (3.5%) and acquisitions/divestitures added $34 million (0.7%). source
• In April 2026, LKQ completed the Germany implementation as part of its phased rollout of a common ERP system across Europe. source