August 12, 2026, Guelph, Ontario, Canada (TSX: LNR)
Record Sales and Solid Earnings Performance from Our Diversified Strategy
- Sales increased 18.8% to reach a record of $3.14 billion;
- 归一化每股收益1 increased 9.6% to $3.08 for the quarter; and
- Normalized Net Earnings1 increased 8.7% to $183.0 million for the quarter.
Excellent Mobility Segment Sales and Normalized Operating Earnings Growth to Record Levels
- Sales increased 20.5% to a record of $2.36 billion for the quarter;
- Normalized Operating Earnings1 increased 28.6% to a record of $194.0 million for the quarter;
- Normalized Operating Earnings margins at 8.2% for the quarter; and Market share growth in every region.
持续强劲的自由现金流和流动性
- $236.5 million of Free Cash Flow1 generated in Q2 2026, up $58.9 million from the prior year; and
- 流动性 1 remains strong at $2.0 billion, up $76.7 million or 4.0% from Q2 2025.
将现金返还给股东
- Linamar has repurchased 1,025,677 shares to date as part of its current normal course issuer bid and has returned $92.2 million to
shareholders as a result; and - Linamar is increasing its dividends to shareholders to $0.32 per share quarterly.
Industrial Segment Sales and Market Share Growth
- Sales increased by 13.8% to $783.5 million for the quarter, driven by strong market demand for access equipment; and
- Global market share growth in the key agricultural equipment products of windrowers, air seeders, and tillage equipment.
Tariffs Impacting Only Industrial Results in Q2
- More than 90% of Linamar sales are tariff free.
- Auto parts that are USMCA compliant continue to be tariff free into the US and are the majority of our sales.
- Most Industrial segment products shipping to the US are also USMCA compliant and tariff free.
- 232 metal derivative tariffs are impacting some Industrial products and detracting from bottom line growth in that segment.
Linamar outlook to grow sales and earnings to record levels in 2026 remain solid despite the impact of these tariffs.