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 |
Kurt Buehler Group President - Macdon | Salvatore Cocca Group President - Linamar Europe | Wenzhang Huang Group President - Linamar Machining and Assembly, Asia and Pacific Group |
Mark Stoddart Executive Vice President - Marketing and Sales, Chief Technology Officer, Director | Elliot Burger Global Vice President of Corporate Development, General Counsel, Company 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 fiscal year ended 31 December 2023, Linamar Corp revenues increased 23% to C$9.73B. Net income increased 18% to C$503.1M. Revenues reflect Transporation segment increase of 18% to C$7.09B, Industrial segment increase of 38% to C$2.65B, Canada segment increase of 27% to C$5.23B, Rest of North America segment increase of 37% to C$1.46B, Europe segment increase of 16% to C$2.4B. |
Employees: | 31,000 as of Sep 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5,068M as of Dec 31, 2023 |
Annual revenue (TTM): | $9,734M as of Dec 31, 2023 |
EBITDA (TTM): | $1,286M as of Dec 31, 2023 |
Net annual income (TTM): | $503.05M as of Dec 31, 2023 |
Free cash flow (TTM): | -$23.81M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,119M as of Dec 31, 2023 |
Shares outstanding: | 61,578,157 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |