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Linamar Corp (LNR.TO)

LNR.TO on Toronto Stock Exchange

42.50CAD
14 Aug 2020
Change (% chg)

$0.47 (+1.12%)
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Latest Key Developments (Source: Significant Developments)

Linamar Corp Says Co Implemented More Than C$30 Mln In Cost Savings In Q2 - Conf Call
Friday, 7 Aug 2020 

Aug 6 (Reuters) - Linamar Corp ::LINAMAR CORP EXEC SAYS MORE THAN 90% OF EMPLOYEES ARE BACK TO FULL-TIME WORK - CONF CALL.LINAMAR CORP EXEC SAYS CO IMPLEMENTED MORE THAN C$30 MILLION IN COST SAVINGS IN Q2.LINAMAR CORP EXEC SAYS COVID-19 CONTINUES TO IMPACT AUTO SEGMENT IN Q3 BUT CO SEEING STEADY IMPROVEMENTS.  Full Article

Linamar Withdraws Its Last Stated 2020 Outlook
Tuesday, 21 Apr 2020 

April 20 (Reuters) - Linamar Corp ::LINAMAR CORPORATION PROVIDES Q1 AND COVID-19 RELATED UPDATE ON MARKET CONDITIONS.LINAMAR CORP - WITHDRAWING ITS LAST STATED 2020 OUTLOOK.LINAMAR CORP - IN N.AMERICA, MAJORITY OF OPERATIONS ARE SHUTDOWN ACROSS BOTH TRANSPORTATION, INDUSTRIAL SEGMENTS IN ALIGNMENT WITH CUSTOMER DEMAND.LINAMAR CORP - IN N.AMERICA, CURRENTLY ALONG WITH AUTOMOTIVE OEMS, TENTATIVE PARTIAL RESTART TIMING IS PLANNED FOR WEEK OF MAY 4TH.LINAMAR CORP - IN EUROPE, NEARLY ALL MANUFACTURING SITES HAVE BEEN SHUTDOWN FOR PAST SEVERAL WEEKS.LINAMAR CORP - SOME EUROPE SITES WILL BEGIN TO COME BACK ONLINE BEGINNING WEEK OF APRIL 20TH.LINAMAR CORP - IN CHINA, ALL LINAMAR MANUFACTURING SITES HAVE BEEN BACK UP AND RUNNING FOR A NUMBER OF WEEKS.LINAMAR - CHINA-BASED CUSTOMERS HAVE RESTARTED WITH MAJORITY OF VEHICLE PLANTS IN COUNTRY REPORTING THEY ARE BACK TO NEARLY FULL OPERATING CAPACITY.LINAMAR CORP - MAJOR SHUTDOWN WILL HAVE SIGNIFICANT IMPACT ON LINAMAR FINANCIALLY IN 2020.LINAMAR CORP - HAVE MOVED QUICKLY TO CUT COSTS AND CAPITAL SPENDING.  Full Article

Massive Free Cash Flow In Quarter Drives Significant Deleveraging At Linamar
Thursday, 12 Mar 2020 

March 11 (Reuters) - Linamar Corp ::MASSIVE FREE CASH FLOW IN QUARTER DRIVES SIGNIFICANT DELEVERAGING AT LINAMAR.QTRLY EARNINGS PER SHARE $0.76.QTRLY SALES $1,616.1 MILLION VERSUS $1,732.0 MILLION.QTRLY NET EARNINGS - NORMALIZED OF $1.15 PER SHARE.Q4 EARNINGS PER SHARE VIEW C$1.23, REVENUE VIEW C$1.66 BILLION -- REFINITIV IBES DATA.  Full Article

Linamar Corp Provides Update on Q4 Market Conditions
Wednesday, 8 Jan 2020 

Jan 7 (Reuters) - Linamar Corp ::LINAMAR SAYS HEADWINDS FROM MARKET CONDITIONS IN ACCESS EQUIPMENT, AUTOMOTIVE INDUSTRIES PROVED MORE CHALLENGING IN Q4 - PRESENTATION.LINAMAR - GLOBAL LIGHT VEHICLE PRODUCTION IN Q4-19 AND 2019E FULL YEAR EXPECTED TO BE DOWN FROM PREVIOUS Q4 FORECAST PUBLISHED IN SEPTEMBER.LINAMAR - INDUSTRY VOLUMES FOR ACCESS MARKET NOW EXPECTED TO BE DOWN IN RANGE OF 20- 30% IN Q4 FOR CORE SCISSOR, BOOM PRODUCTS & MARKETS IN AGGREGATE.  Full Article

Linamar Announces Strategic Manufacturing Agreement & Concurrent Investment In Synaptive Medical
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - Linamar Corp ::LINAMAR ANNOUNCES STRATEGIC MANUFACTURING AGREEMENT AND CONCURRENT INVESTMENT IN SYNAPTIVE MEDICAL, INC. TO DIVERSIFY INTO RAPIDLY GROWING MEDICAL BIOTECH MARKET.LINAMAR CORP - ANNOUNCED A $USD 5 MILLION EQUITY INVESTMENT IN SYNAPTIVE.LINAMAR CORP - TERMS OF INVESTMENT WERE NOT DISCLOSED..LINAMAR CORP - EXCLUSIVE AGREEMENT WITH SYNAPTIVE MEDICAL TO MANUFACTURE SYNAPTIVE'S PATENTED MODUS V AND EVRY PRODUCTS.  Full Article

Linamar Reports Third Quarter Results
Thursday, 7 Nov 2019 

Nov 6 (Reuters) - Linamar Corp ::LINAMAR DELIVERS DOUBLE DIGIT TRANSPORTATION SEGMENT GROWTH, CONTINUED FREE CASH FLOW IN Q3.LINAMAR CORP - QTRLY TRANSPORTATION SEGMENT SALES UP SLIGHTLY AT $1.4 BILLION.LINAMAR CORP QTRLY SALES $1,740.0 MILLION VERSUS $1,837.3 MILLION.LINAMAR CORP QTRLY NORMALIZED NET EARNINGS PER SHARE $1.47.  Full Article

Linamar Qtrly Earnings Per Share $2.28
Friday, 9 Aug 2019 

Aug 8 (Reuters) - Linamar Corp ::LINAMAR DELIVERS STRONG FREE CASH FLOW IN Q2 2019, GROWS MARKET SHARE.Q2 SALES C$2.086 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$2.17 BILLION.STRONG CONTENT PER VEHICLE GROWTH IN NORTH AMERICA AND EUROPE IN QUARTER.QTRLY NORMALIZED EARNINGS PER SHARE $2.40.QTRLY EARNINGS PER SHARE $2.28.Q2 EARNINGS PER SHARE VIEW C$2.68, REVENUE VIEW C$2.17 BILLION -- REFINITIV IBES DATA.  Full Article

Linamar Reports Qtrly Earnings Per Share $2.11
Friday, 3 May 2019 

May 2 (Reuters) - Linamar Corp ::Q1 SALES C$1.975 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.94 BILLION.QTRLY EARNINGS PER SHARE $2.11.  Full Article

Linamar Corp reports Q3 Sales C$1.837 Billion
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Linamar Corp ::Q3 SALES C$1.837 BILLION VERSUS I/B/E/S VIEW C$1.82 BILLION.QTRLY LOSS PER SHARE - ADJUSTED $1.71.Q3 EARNINGS PER SHARE VIEW C$1.96 -- THOMSON REUTERS I/B/E/S.  Full Article

UPDATE 2-Canadian auto parts maker Linamar's cost controls help post smaller loss

Aug 6 Linamar Corp on Thursday posted a smaller-than-expected quarterly loss, as the Canadian auto parts maker kept a tight lid on costs to weather the demand fallout from the COVID-19 pandemic.