Business
Linamar Delivers 23rd Consecutive Quarter of Double Digit Operating Earnings Growth
Linamar Delivers 23rd Consecutive Quarter of Double Digit Operating Earnings Growth ...
About this update from Linamar Corporation
[{"type":"text","content":"\n\n\n\nLinamar Delivers 23rd Consecutive Quarter of Double Digit Operating 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.prngen5{\nBORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen1{\nBORDER-BOTTOM:0pt; BORDER-LEFT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt; BORDER-RIGHT:0pt\n}\n.prngen7{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen4{\nBORDER-BOTTOM:black 2pt double; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen6{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGUELPH, ON, May 10, 2017\n\n\n\nGUELPH, ON, May 10, 2017 /CNW/ - (TSX: LNR)\n\n\nSales increase 9.1% over the first quarter of 2016 (\"Q1 2016\") to reach $1.66 billion;\nOperating earnings increase 11.7% over Q1 2016 to reach $192.2 million;\nNet earnings up 14.8% and earnings per share, on a diluted basis, up 14.6% over Q1 2016 reaching $145.1 million and $2.20 respectively;\nContinued business wins maintain strong launch book at over $4.4 billion and include several highly strategic component wins;\nPowertrain/Driveline delivers strong results with sales and operating earnings growth despite flat markets; and\nIndustrial segment delivers excellent sales and operating earnings growth thanks to...