Linamar Delivers Strong Quarter of Double Digit Earnings Growth and Second Major E-Axle Win Capping Off a Record Year in Sales, Earnings and New Business Wins

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[{"type":"text","content":"\n\n\n\nLinamar Delivers Strong Quarter of Double Digit Earnings Growth and Second Major E-Axle Win Capping Off a Record Year in Sales, Earnings and New Business Wins\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.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.prngen5{\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.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.prngen4{\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.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGUELPH, ON, March 7, 2018\n\n\n\nGUELPH, ON, March 7, 2018 /CNW/ - (TSX: LNR)\n\n\nSales increased 14.5% in the quarter over 2016, taking 2017 to a record $6.5 billion;\nNet Earnings before unusual items and foreign exchange impacts increased 11.8% in the quarter over 2016 taking 2017 to a record $551.5 million;\nA second major e-axle win of peak volume 550,000 per year was secured;\nContinued business wins maintains strong launch book at over $4.3 billion;\nDouble digit content per vehicle growth in every region globally;\nPowertrain/Driveline segment sales up 11.1% and operating earnings normalized for foreign exchange1 up 13.4% despite flat global markets and declines in the North American Market driven by launches; and\nIndustrial segment sal...

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