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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.


TSX:LNR - Post by User

Linamar Corp
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Post by PressReleaseon Nov 12, 2024 4:00pm
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Post# 36308897

New Press Release - Linamar Delivers Exceptional Free Cash Flow, Launches NCIB, Continues Top and Bottom Line Growth

New Press Release - Linamar Delivers Exceptional Free Cash Flow, Launches NCIB, Continues Top and Bottom Line Growth
GUELPH, ON, Nov. 12, 2024 /CNW/ - (TSX: LNR)Strong financial performanceSales up 8.3% to $2.64 billion in Q3 2024;Normalized Operating Earnings1 up 14.1% in Q3 2024; andNormalized Diluted Earnings per Share1 up 6.3% in Q3 2024.Excellent Free Cash Flow$269.6 million of Free Cash Flow1 generated in...read article.
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