Linamar Corp. Q1 earnings increased 40% to $178.5 million, with revenue reaching $2.72 billion.
Linamar Corp. reports Q1 earnings of $178.5 million, a 40% increase from last year. Revenue rose on market share growth and acquisitions, with sales up to $2.72 billion from $2.29 billion in the previous year. Industrial segment sales increased 24.5%, while mobility quarter sales rose 16.7%. Linamar's normalized earnings for Q1 were $159.6 million, up from $121.7 million in the same period last year.
May 08, 2024
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