10Aug 2022

Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment

August 10, 2022, Guelph, Ontario, Canada (TSX: LNR)

  • Excellent new business wins (“NBW”) take launch book to nearly $4.9 billion;
    • 74% of year to date (“YTD”) NBW with electrified vehicleS
  • Sales up 28.2% for Industrial due to strong agricultural and access sales on stronger markets and market share growth;
  • Sales up 25.0% for Mobility on stronger markets and cost recoveries;
  • Two acquisitions completed in the quarter;
  • Strong content per vehicle1 growth in North America and Europe driven by a positive customer platform mix and launches; and
  • Liquidity1, measured as cash and cash equivalents and available credit as at June 30, 2022, was $1.4 billion.