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Linamar 
Automotive / Automotive parts and manufacturing solutions
Press Releases
| Date | Press release |
|---|---|
| 2025-03-05 16:00:00 | Linamar Delivers Record Sales Over $10 Billion, Exceptional Free Cash Flow And Another Year Of Double-digit Earnings Growth Guelph, ontario, march 05, 2025 (globe newswire) -- (tsx: lnr) strong financial performance sales up 8.7% to $10.6 billion in 2024; normalized operating earnings1 up 18.1% in 2024; and normalized diluted earnings per share1 up 11.7% in 2024. excellent free cash flow $490.8 million of free cash flow1 generated in q4 2024, up $407.7 million from the prior year on stronger earnings and careful cash management; and full year exceptional free cash flow at $788 million, the 12th consecutive year of positive fcf. |
| 2025-01-28 09:05:00 | Linamar Announces Investments In Automotive Technologies Supported By The Canadian Federal And Ontario Provincial Governments Guelph, ontario, jan. 28, 2025 (globe newswire) -- linamar corporation (tsx: lnr) today announced that it has reached agreements with both the canadian government and the ontario provincial government on an investment program that will see the company heavily invest in technologies and manufacturing capabilities in preparation for the future of mobility. together the 3 parties are committing to an overall investment of approximately $1.1b that will protect nearly 10,000 existing jobs and create over 2,300 new jobs in the ontario automotive manufacturing sector. |
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