Business
Linamar Announces Another Record Year, 9th Consecutive of Double Digit Earnings Growth
Linamar Announces Another Record Year, 9th Consecutive of Double Digit Earnings Growth ...
About this update from Linamar Corporation
[{"type":"text","content":"\n\n\n\nLinamar Announces Another Record Year, 9th Consecutive of Double Digit Earnings Growth\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen7{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnml20{\nMARGIN-LEFT:1.67em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGUELPH, ON, March 11, 2019\n\n\n\n(TSX: LNR)\n GUELPH, ON, March 11, 2019 /CNW/ -\nSales increased 10% over the fourth quarter of 2017 (\"Q4 2017\") to reach $1.7 billion; Operating Earnings increased 8.2% over Q4 2017 to reach $171.1 million; Free cash flow continues to bring net debt levels down; Record year of New Business Wins, launch book at nearly $4.4 billion; Industrial segment sales up 69.7% and operating earnings up 119.1% thanks to the acquisition of MacDon and market share gains at Skyjack; Transportation segment sales up on strong launch activity despite key customer production cuts in Europe and Asia; and Strong content per vehicle growth in North America and Europe.Three Months Ended\nTwelve Months Ended\nDecember 31\nDecember 3...