May 6, 2026, Guelph, Ontario, Canada (TSX: LNR)
Record Sales and Earnings Performance from Our Diversified Strategy
- Sales increased 16.1% to reach $2.94 billion;
- Normalized Earnings per Share1 increased 18.8% to a record $3.28 for the quarter; and
- Normalized Net Earnings1 increased 17.1% to $195.8 million for the quarter.
Excellent Mobility Segment Sales and Normalized Operating Earnings Growth to Record Levels
- Sales increased 19.2% to a record of $2.26 billion for the quarter;
- Normalized Operating Earnings1 increased 46.3% to a record of $183.5 million for the quarter;
- Normalized Operating Earnings margins at 8.1% for the quarter; and
- Market share growth in every region.
持续强劲的自由现金流和流动性
- $218.6 million of Free Cash Flow1 generated in Q1 2026, up $142.2 million from the prior year; and
- Liquidity1 is strong at $2.0 billion, up $173.7 million or 9.5% from Q1 2025.
将现金返还给股东
- Linamar has repurchased 695,799 shares to date as part of its current normal course issuer bid and has returned $58.9 million to
shareholders as a result; and - Linamar is maintaining dividends to shareholders at $0.29 per share quarterly.
Industrial Segment Sales and Market Share Growth
- Sales increased 6.6% to $675.4 million for the quarter; and
- Global market share growth in access equipment for scissors, booms, and telehandlers, and in the key agricultural equipment products of draper headers and air seeders.
Manageable Impact from Tariffs in Q1
- Linamar’s product continues to be USMCA compliant meaning the vast majority of product continues to be tariff free into the US. Any tariff impact largely felt by our Industrial businesses was manageable in Q1; and
- New 232 tariffs effective April 2026 will have more impact on the Industrial segment but are not impacting Linamar’s overall business outlook to grow sales and earnings this year, and we are actively working to further mitigate the impacts.