Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
Company Contact | |
Address: | 287 Speedvale Ave W GUELPH ON N1H 1C5 |
Tel: | N/A |
Website: | https://www.linamar.com |
IR: | See website |
Key People | ||
Linda S. Hasenfratz Chairman, Chief Executive Officer, Executive Director | Jim Jarrell President, Chief Operating Officer, Director | Dale Schneider Chief Financial Officer |
Salvatore Cocca Group President - Linamar Manufacturing Europe | Wenzhang Huang Group President - Linamar Machining and Assembly, Asia and Pacific Group | Kenneth McDougall Group President - Skyjack Inc |
Mark Stoddart Executive Vice President - Marketing and Sales, Chief Technology Officer, Director | Roger Fulton Executive Vice President - Human Resources, General Counsel, Corporate Secretary |
Business Overview |
Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting industry. Skyjack manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. The Mobility segment is focused on propulsion systems, structural and chassis systems, energy storage and power generation for both the global electrified and traditionally powered vehicle markets and is subdivided into three regional groups and one global product group: North America, Europe, Asia Pacific, and the newly formed Structures Group. The regional mobility groups are vertically integrated operations combining expertise in light metal casting, forging, machining, and assembly. |
Financial Overview |
For the nine months ended 30 September 2023, Linamar Corp revenues increased 24% to C$7.28B. Net income increased 19% to C$398.7M. Revenues reflect Transporation segment increase of 18% to C$5.24B, Industrial segment increase of 45% to C$2.04B, Canada segment increase of 31% to C$4.01B, Europe segment increase of 17% to C$1.83B, Rest of North America segment increase of 24% to C$976.3M. |
Employees: | 31,000 as of Sep 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4,881M as of Sep 30, 2023 |
Annual revenue (TTM): | $9,340M as of Sep 30, 2023 |
EBITDA (TTM): | $1,219M as of Sep 30, 2023 |
Net annual income (TTM): | $490.89M as of Sep 30, 2023 |
Free cash flow (TTM): | -$31.94M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $1,008M as of Sep 30, 2023 |
Shares outstanding: | 61,578,157 as of Nov 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |