Linamar Corp T.LNR

Alternate Symbol(s): LIMAF

Consumer Cyclical Auto Parts

Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting industry. Skyjack manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. The Mobility segment is focused on propulsion systems, structural and chassis systems, energy storage and power generation for both the global electrified and traditionally powered vehicle markets and is subdivided into three regional groups and one global product group: North America, Europe, Asia Pacific, and the newly formed Structures Group. The regional mobility groups are vertically integrated operations combining expertise in light metal casting, forging, machining, and assembly.

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Linamar Corp

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Post by Betteryear2on Mar 06, 2024 4:07pm

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Post# 35918961

Linamar Delivers a Stellar 2023 with Record Sales

GUELPH, ON, March 6, 2024 /CNW/ - (TSX: LNR)

Strong financial performance

Sales up 19.1% to $2.45 billion in Q4 2023, and up 23% for the year;
Normalized Operating Earnings1 up 36.2% in Q4 2023, and up 41.4% for the year; and
Normalized Diluted Earnings per Share1 up 23% in Q4 2023, and up 40.3% for the year.

Linamar Delivers a Stellar 2023 with Record Sales, over 40% Earnings Growth, Increases Dividend (newswire.ca)

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