Business
Linamar Delivers Another Excellent Quarter of Double Digit Top and Bottom Line Growth and Continued Cash Generation
Linamar Delivers Another Excellent Quarter of Double Digit Top and Bottom Line Growth and ...
About this update from Linamar Corporation
[{"type":"text","content":"\n\n\n\nLinamar Delivers Another Excellent Quarter of Double Digit Top and Bottom Line Growth and Continued Cash Generation\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.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.prngen1{\nBORDER-BOTTOM:0pt; BORDER-LEFT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt; BORDER-RIGHT:0pt\n}\n.prngen3{\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.prngen4{\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.prngen5{\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\n\n\n\n\n\nLinamar Delivers Another Excellent Quarter of Double Digit Top and Bottom Line Growth and Continued Cash Generation\nCanada NewsWire\nGUELPH, ON, Nov. 4, 2015\n\n\n\nGUELPH, ON, Nov. 4, 2015 /CNW/ - (TSX: LNR)\n\n\nSales increase 24.8% and operating earnings increase 31.3% over the third quarter of 2014 (\"Q3 2014\"); \nNet earnings up 35.5% and earnings per share up 34.1% over Q3 2014 reaching $107.6 million and $1.65 respectively; \nContinued business wins drive launch book to more than $3.7 billion; \nIndustrial segment delivers excellent sales and operating earnings growth from Q3 2014 with operating earnings up 34.7% to $36.9 million on a sales increase of 24.8%; \nPowertrain/Driveline delivers excellent sales and operating earnings growth as well with operating earnings up 30.2% to $107.3 million from Q3 2014 on a sales increase of 24.8%; and \nContent per vehicle growth in every market and market share growth on booms and scissors.\n\n\n\n\n\nThree Months Ended\n\n\nNine Months Ended\n\n\n\n\nSeptember 30\n\n\nSeptember 30\n\n\n\n\n2015\n\n\n2014...