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Linamar Corporation (T:LNR)

Business Focus: Automotive Body Parts

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