Upcoming Dividend • May 20
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 25 May 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.9%). Declared Dividend • May 20
First quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 25th May 2026 Payment date: 5th June 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. President, CEO & Director Jim Jarrell was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • May 07
Linamar Corporation to Report Q2, 2026 Results on Aug 12, 2026 Linamar Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Aug 12, 2026 Annonce • Mar 10
Linamar Corporation, Annual General Meeting, May 12, 2026 Linamar Corporation, Annual General Meeting, May 12, 2026. Location: ontario, guelph Canada Annonce • Mar 05
Linamar Corporation Declares Dividend for the Quarter Ended December 31, 2025, Payable on or After April 14, 2026 Linamar Corporation Board of Directors declared an eligible dividend in respect to the quarter ended December 31, 2025 of CAD 0.29 per share on the common shares of the company, payable on or after April 14, 2026 to shareholders of record on March 27, 2026. Annonce • Jan 02
Linamar Corporation (TSX:LNR) completed the acquisition of Leipzig Casting Facility of George Fischer AG. Linamar Corporation (TSX:LNR) entered into a definitive agreement to acquire Leipzig Casting Facility of George Fischer AG in a transaction valued at approximately €45 million on October 7, 2025. The acquisition is immediately accretive. Closing of the transaction is expected by the end of 2025. National Bank of Canada Financial Markets act as financial advisor for Linamar Corporation. Nader Hasan, Karsten Kühnle, Bruce Sheiner, Andre Hartmann, Felix Reiner, David Pak, Simon Weppner, Andreas Habig, Claus Pegatzky, Christoph Ritzer, Natalia Filkina, Tim Schaper, Tobias Teichner of Norton Rose Fulbright LLP and Norton Rose Fulbright Canada LLP act as legal advisor for Linamar Corporation. Philip Spoerlé and Andrea Giger, Thomas Hochstrasser, Nicolas Birkhäuser, Marc Vogelsang of Niederer Kraft Frey Ltd acted as legal advisors to Georg Fischer AG. Stefan Bressler, Gernot Wagner and Rebecca Emory of White & Case, L.L.P. (Germany) acted as legal advisors to Georg Fischer AG. Lazard acted as financial advisor to George Fischer.
Linamar Corporation (TSX:LNR) completed the acquisition of Leipzig Casting Facility of George Fischer AG on December 31, 2025. Annonce • Nov 17
Linamar Corporation (TSX:LNR) completed the acquisition of Certain assets of Aludyne Inc North American operations. from Aludyne, Inc. Linamar Corporation (TSX:LNR) entered into a definitive agreement to acquire Certain assets of Aludyne Inc North American operations. from Aludyne, Inc. for $300 million on October 9, 2025. The purchase price is subject to customary adjustments for working capital and other closing conditions. Linamar will fund the acquisition using available liquidity under its existing credit facilities and cash on hand.
The transaction is subject to the receipt of regulatory approvals, completion of due diligence and the satisfaction of other customary closing conditions. The transaction is expected to close within 30 days. The transaction is expected to be accretive soon after acquisition. On October 9, 2025, it was announced that the closing is expected in Q4 2025.
National Bank of Canada Financial Markets acted as financial advisor for Linamar Corporation. Jones Day acted as legal advisor for Aludyne, Inc. Jefferies LLC acted as financial advisor for Aludyne, Inc. AlixPartners, LLP acted as financial advisor for Aludyne, Inc. C Street Advisory Group acted as strategic communications advisor to Aludyne, Inc.
Linamar Corporation (TSX:LNR) completed the acquisition of Certain assets of Aludyne Inc North American operations. from Aludyne, Inc. on November 15, 2025. Annonce • Nov 13
Linamar Corporation Declares Dividend for the Quarter Ended September 30, 2025, Payable on or After December 2, 2025 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended September 30, 2025, of CAD 0.29 per share on the common shares of the company, payable on or after December 2, 2025, to shareholders of record on November 21, 2025. Annonce • Oct 09
Linamar Corporation (TSX:LNR) entered into a definitive agreement to acquire Leipzig Casting Facility of George Fischer in a transaction valued at approximately €45 million. Linamar Corporation (TSX:LNR) entered into a definitive agreement to acquire Leipzig Casting Facility of George Fischer in a transaction valued at approximately €45 million on October 7, 2025. The acquisition is immediately accretive. Closing of the transaction is expected by the end of 2025. National Bank of Canada Financial Markets act as financial advisor for Linamar Corporation. Nader Hasan, Karsten Kühnle, Bruce Sheiner, Andre Hartmann, Felix Reiner, David Pak, Simon Weppner, Andreas Habig, Claus Pegatzky, Christoph Ritzer, Natalia Filkina, Tim Schaper, Tobias Teichner of Norton Rose Fulbright LLP and Norton Rose Fulbright Canada LLP act as legal advisor for Linamar Corporation. Philip Spoerlé and Andrea Giger, Thomas Hochstrasser, Nicolas Birkhäuser, Marc Vogelsang of Niederer Kraft Frey Ltd acted as legal advisors to Georg Fischer AG. Stefan Bressler, Gernot Wagner and Rebecca Emory of White & Case, L.L.P. (Germany) acted as legal advisors to Georg Fischer AG. Annonce • Aug 14
Linamar Corporation Declares Dividend for the Quarter Ended June 30, 2025, Payable on or After September 9, 2025 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended June 30, 2025, of CAD 0.29 per share on the common shares of the company, payable on or after September 9, 2025 to shareholders of record on August 22, 2025. Annonce • Mar 12
Linamar Corporation, Annual General Meeting, May 15, 2025 Linamar Corporation, Annual General Meeting, May 15, 2025. Location: ontario, guelph Canada Recent Insider Transactions • Nov 17
Board Member recently sold €336k worth of stock On the 15th of November, Mark Stoddart sold around 8k shares on-market at roughly €40.69 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.2m more than they sold in the last 12 months. Annonce • Nov 14
Linamar Corporation Declares Dividend for the Quarter Ended September 30, 2024, Payable on or After December 2, 2024 Linamar Corporation announced that Board of Directors declared an eligible dividend in respect to the quarter ended September 30, 2024, of CAD 0.25 per share on the common shares of the company, payable on or after December 2, 2024 to shareholders of record on November 22, 2024. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: CA$2.24 (vs CA$2.38 in 3Q 2023) Third quarter 2024 results: EPS: CA$2.24 (down from CA$2.38 in 3Q 2023). Revenue: CA$2.64b (up 8.3% from 3Q 2023). Net income: CA$138.0m (down 6.0% from 3Q 2023). Profit margin: 5.2% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 19
Second quarter dividend of CA$0.25 announced Shareholders will receive a dividend of CA$0.25. Ex-date: 23rd August 2024 Payment date: 9th September 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (5% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Aug 09
Linamar Corporation Announces Chief Executive Officer Changes Linamar is announcing that Jim Jarrell has been appointed Chief Executive Officer and President, following execution of a multi year succession transition plan. Mr. Jarrell succeeds Linda Hasenfratz, who will remain a driving force at Linamar focusing exclusively now on her role as Executive Chair. Having achieved the Company's long-term goal of reaching $10 billion in annualized sales, the Company is poised to embark on a new era of value creation and growth, bolstered by these strategic leadership changes. Mr. Jarrell has been with Linamar since 1991 and has occupied progressively more senior positions in Sales and Operations before being named Chief Operating Officer in 1999 and President in 2004. Mr. Jarrell played a central role in the achievement of the Company's $10 billion goal and its successful global expansion program. As CEO and President, Mr. Jarrell will have primary responsibility for all operational and financial aspects of the business, as well as corporate development initiatives and innovation. Working closely with Ms. Hasenfratz, Mr. Jarrell will also play an important role in developing strategy, with a particular focus around setting short- to medium-term priorities. In her capacity as Executive Chair, Ms. Hasenfratz will continue to be responsible for setting the strategic direction of the Company with a particular focus on long term strategy, and will continue to lead the Company's distinctive Cost Attack Team (CAT) program at now 75 global manufacturing sites to advance continuous improvements, mentorship, and talent development. She will also continue to lead Linamar's engagement with investors and government partners, with increased involvement from Mr. Jarrell. Reported Earnings • Aug 09
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CA$2.85b (up 12% from 2Q 2023). Net income: CA$174.1m (up 29% from 2Q 2023). Profit margin: 6.1% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Annonce • Aug 09
Linamar Corporation Announces Executive Changes Linamar is announcing that Jim Jarrell has been appointed President, following execution of a multi year succession transition plan. Mr. Jarrell succeeds Linda Hasenfratz, who will remain a driving force at Linamar focusing exclusively now on her role as Executive Chair. Having achieved the Company's long-term goal of reaching $10 billion in annualized sales, the Company is poised to embark on a new era of value creation and growth, bolstered by these strategic leadership changes. Mr. Jarrell has been with Linamar since 1991 and has occupied progressively more senior positions in Sales and Operations before being named Chief Operating Officer in 1999 and President in 2004. Mr. Jarrell played a central role in the achievement of the Company's $10 billion goal and its successful global expansion program. As CEO and President, Mr. Jarrell will have primary responsibility for all operational and financial aspects of the business, as well as corporate development initiatives and innovation. Working closely with Ms. Hasenfratz, Mr. Jarrell will also play an important role in developing strategy, with a particular focus around setting short- to medium-term priorities. In her capacity as Executive Chair, Ms. Hasenfratz will continue to be responsible for setting the strategic direction of the Company with a particular focus on long term strategy, and will continue to lead the Company's distinctive Cost Attack Team (CAT) program at now 75 global manufacturing sites to advance continuous improvements, mentorship, and talent development. She will also continue to lead Linamar's engagement with investors and government partners, with increased involvement from Mr. Jarrell. Declared Dividend • May 20
First quarter dividend of CA$0.25 announced Shareholders will receive a dividend of CA$0.25. Ex-date: 24th May 2024 Payment date: 7th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 10
Linamar Corporation Declares Dividend for the Quarter Ended March 31, 2024, Payable on or After June 7, 2024 Linamar Corporation announced that the Board of Directors declared an eligible dividend in respect to the quarter ended March 31, 2024, of CAD 0.25 per share on the common shares of the company, payable on or after June 7, 2024, to shareholders of record on May 27, 2024. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: CA$2.90 (vs CA$1.90 in 1Q 2023) First quarter 2024 results: EPS: CA$2.90 (up from CA$1.90 in 1Q 2023). Revenue: CA$2.72b (up 19% from 1Q 2023). Net income: CA$178.5m (up 53% from 1Q 2023). Profit margin: 6.6% (up from 5.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.25 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.8%). Annonce • Mar 14
Linamar Corporation, Annual General Meeting, May 16, 2024 Linamar Corporation, Annual General Meeting, May 16, 2024. Declared Dividend • Mar 10
Fourth quarter dividend of CA$0.25 announced Shareholders will receive a dividend of CA$0.25. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but not covered by cash flows (dividend approximately 16x free cash flows). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 88% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.0% EPS decline seen over the last 5 years. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: CA$8.18 (vs CA$6.67 in FY 2022) Full year 2023 results: EPS: CA$8.18 (up from CA$6.67 in FY 2022). Revenue: CA$9.73b (up 23% from FY 2022). Net income: CA$503.1m (up 18% from FY 2022). Profit margin: 5.2% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Dec 14
Executive Chairman of the Board & CEO recently bought €2.0m worth of stock On the 12th of December, Linda Hasenfratz bought around 50k shares on-market at roughly €39.42 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Linda's only on-market trade for the last 12 months. New Risk • Dec 02
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €403k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.2% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (€403k sold). Recent Insider Transactions • Dec 02
Board Member recently sold €268k worth of stock On the 27th of November, Mark Stoddart sold around 7k shares on-market at roughly €38.52 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €926k more than they sold in the last 12 months. Upcoming Dividend • Nov 13
Upcoming dividend of CA$0.22 per share at 1.5% yield Eligible shareholders must have bought the stock before 20 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 2.8% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.6%). Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: CA$2.38 (vs CA$2.10 in 3Q 2022) Third quarter 2023 results: EPS: CA$2.38 (up from CA$2.10 in 3Q 2022). Revenue: CA$2.43b (up 16% from 3Q 2022). Net income: CA$146.7m (up 10% from 3Q 2022). Profit margin: 6.0% (down from 6.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Nov 09
Linamar Corporation to Report Q4, 2023 Results on Mar 06, 2024 Linamar Corporation announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 06, 2024 Annonce • Nov 02
Linamar Corporation (TSX:LNR) completed the acquisition of Propulsion-Agnostic Business of Mobex Global for $64 million. Linamar Corporation (TSX:LNR) has reached a definitive agreement to acquire Propulsion-Agnostic Business of Mobex Global for $70 million on September 21, 2023. The transaction is expected to be accretive soon after acquisition. The transaction is subject to customary consents and regulatory approvals and is expected to close in mid-Q4 2023. Jefferies Financial Group Inc. acted as financial advisor to Mobex Global. Linamar Corporation (TSX:LNR) completed the acquisition of Propulsion-Agnostic Business of Mobex Global for $64 million on November 1, 2023. Annonce • Sep 22
Linamar Corporation (TSX:LNR) agreed to acquire Propulsion-Agnostic Business of Mobex Global for $70 million. Linamar Corporation (TSX:LNR) agreed to acquire Propulsion-Agnostic Business of Mobex Global for $70 million on September 21, 2023. The transaction is expected to be accretive soon after acquisition. The transaction is subject to customary consents and regulatory approvals and is expected to close in mid-Q4 2023. Annonce • Aug 10
Linamar Corporation Declares Dividend in Respect to the Quarter Ended June 30, 2023, Payable on or After September 8, 2023 Linamar Corporation declared an eligible dividend in respect to the quarter ended June 30, 2023, of CAD 0.22 per share on the common shares of the company, payable on or after September 8, 2023, to shareholders of record on August 22, 2023. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CA$2.19 (vs CA$1.61 in 2Q 2022) Second quarter 2023 results: EPS: CA$2.19 (up from CA$1.61 in 2Q 2022). Revenue: CA$2.55b (up 29% from 2Q 2022). Net income: CA$135.0m (up 29% from 2Q 2022). Profit margin: 5.3% (in line with 2Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year. Annonce • Aug 04
Linamar Corporation completed the acquisition of Battery Enclosures Business of DURA Automotive Systems. Linamar Corporation has reached a definitive agreement to acquire Battery Enclosures Business of DURA Automotive Systems on May 30, 2023. Transaction is subject to customary regulatory approval and is expected to close during the third quarter of 2023.
Linamar Corporation completed the acquisition of Battery Enclosures Business of DURA Automotive Systems on August 3, 2023. The three sites, previously owned by Dura-Shiloh are located in North Macedonia, Czechia, and Alabama, USA and now join the newly formed Linamar Structures Operating Group. Annonce • Jul 30
Lightning eMotors, Inc. Enters into Confidential Settlement Agreement and Mutual Release with eMatrix Energy Systems, Inc. and Linamar Corporation On July 24, 2023, Lighting eMotors Inc. (the “Company”) entered into a Confidential Settlement Agreement and Mutual Release (the “Settlement Agreement”) with eMatrix Energy Systems Inc. (“eMatrix”) and Linamar Corporation (“Linamar”) in the matter of eMatrix Energy Systems Inc. v. Lightning eMotors Inc. v. eMatrix Energy Systems Inc. and Linamar Corporation, Case No. 2021-191769 (Oakland County Circuit Court, Michigan) (the “Action”). The Settlement Agreement settles all claims asserted or that could have been asserted in the Action by eMatrix against the Company, and those asserted or that could have been asserted by the Company against eMatrix and Linamar, related to eMatrix’s sales of electric vehicle battery packs to the Company. Pursuant to the Settlement Agreement, Linamar, on behalf of itself and eMatrix, has agreed to pay the Company $3.0 million in cash, and the Company, eMatrix and Linamar executed mutual releases and agreed to dismiss the Action with prejudice without any party admitting fault, liability or wrongdoing. Annonce • Jun 23
Linamar Corporation announced that it has received CAD 550 million in funding Linamar Corporation announced a private placement of 5.96% senior unsecured notes for the gross proceeds of CAD 550,000,000 on June 22, 2023. The transaction included participation from certain institutional accredited investors. The 5.96% senior unsecured notes will mature on June 30, 2033. Annonce • Jun 01
Linamar Corporation has reached a definitive agreement to acquire Battery Enclosures Business of DURA Automotive Systems Linamar Corporation has reached a definitive agreement to acquire Battery Enclosures Business of DURA Automotive Systems on May 30, 2023. Transaction is subject to customary regulatory approval and is expected to close during the third quarter of 2023. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$1.90 (vs CA$1.47 in 1Q 2022) First quarter 2023 results: EPS: CA$1.90 (up from CA$1.47 in 1Q 2022). Revenue: CA$2.29b (up 29% from 1Q 2022). Net income: CA$117.0m (up 22% from 1Q 2022). Profit margin: 5.1% (down from 5.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 11
Linamar Corporation Declares Dividend for the Quarter Ended March 31, 2023, Payable on or After June 7, 2023 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended March 31, 2023 of CAD 0.22 per share on the common shares of the company, payable on or after June 7, 2023 to shareholders of record on May 26, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.22 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 18 April 2023. Payout ratio is a comfortable 12% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.5%). Recent Insider Transactions • Mar 19
Board Member recently sold €1.0m worth of stock On the 14th of March, Mark Stoddart sold around 24k shares on-market at roughly €42.87 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €42.80, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 8x in the Auto Components industry in Germany. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.29 per share. Reported Earnings • Mar 11
Full year 2022 earnings released: EPS: CA$6.67 (vs CA$6.43 in FY 2021) Full year 2022 results: EPS: CA$6.67 (up from CA$6.43 in FY 2021). Revenue: CA$7.92b (up 21% from FY 2021). Net income: CA$426.2m (up 1.3% from FY 2021). Profit margin: 5.4% (down from 6.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 16
Executive Chairman of the Board & CEO recently bought €2.3m worth of stock On the 12th of December, Linda Hasenfratz bought around 50k shares on-market at roughly €46.03 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Linda's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 08
Board Member recently sold €708k worth of stock On the 1st of December, Mark Stoddart sold around 15k shares on-market at roughly €46.91 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Upcoming Dividend • Nov 16
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 21 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%). Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: CA$2.10 (vs CA$1.66 in 3Q 2021) Third quarter 2022 results: EPS: CA$2.10 (up from CA$1.66 in 3Q 2021). Revenue: CA$2.10b (up 28% from 3Q 2021). Net income: CA$133.2m (up 22% from 3Q 2021). Profit margin: 6.4% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 10
Linamar Corporation Declares Dividend in Respect to the Quarter Ended September 30, 2022, Payable on or After December 2, 2022 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended September 30, 2022 of CAD 0.20 per share on the common shares of the company, payable on or after December 2, 2022 to shareholders of record on November 22, 2022. Annonce • Aug 26
Linamar Corporation MedTech Achieves Certification for Medical Device Manufacturing Linamar Corporation announced its iHub production site has received ISO 13485 certification for medical device production. The achievement is a critical milestone for the company's recently announced MedTech group, clearing the way to Linamar becoming a leading supplier to the global Medical Device markets. ISO 13485:2016 is an internationally recognized standard of quality and safety for the medical device industry. The management system standard ensures that an organization meets the regulatory requirements specific to the design, manufacture, assembly, and distribution of medical devices. The Linamar iHub, located in Guelph, Ontario, Canada, is the first of Linamar's global facilities to obtain the medical device specific certification from the Internal Standards Organization (ISO). This facility led the initial response to the COVID-19 outbreak, urgently scaling up production efforts to support the manufacture of lifesaving ventilators and critical medical supplies. The facility is also focused on Innovation for the future, incubating new technologies and ideas around process and product innovation supporting the company's rapid evolution into Advanced Manufacturing. Upcoming Dividend • Aug 15
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 7.3% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: CA$1.61 (vs CA$1.65 in 2Q 2021) Second quarter 2022 results: EPS: CA$1.61 (down from CA$1.65 in 2Q 2021). Revenue: CA$1.98b (up 26% from 2Q 2021). Net income: CA$104.5m (down 3.2% from 2Q 2021). Profit margin: 5.3% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annonce • Aug 11
Linamar Corporation Declares Dividend in Respect to the Quarter Ended June 30, 2022, Payable on or After September 9, 2022 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended June 30, 2022 of CAD 0.20 per share on the common shares of the company, payable on or after September 9, 2022 to shareholders of record on August 23, 2022. Recent Insider Transactions • Jul 14
Board Member recently sold €394k worth of stock On the 8th of July, Mark Stoddart sold around 9k shares on-market at roughly €42.59 per share. In the last 3 months, they made an even bigger sale worth €1.4m. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Recent Insider Transactions • Jun 01
Board Member recently sold €1.4m worth of stock On the 26th of May, Mark Stoddart sold around 38k shares on-market at roughly €38.28 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to €39.00, the stock trades at a trailing P/E ratio of 9.3x. Average forward P/E is 10x in the Auto Components industry in Germany. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.13 per share. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: CA$1.47 (vs CA$2.35 in 1Q 2021) First quarter 2022 results: EPS: CA$1.47 (down from CA$2.35 in 1Q 2021). Revenue: CA$1.78b (flat on 1Q 2021). Net income: CA$96.3m (down 37% from 1Q 2021). Profit margin: 5.4% (down from 8.6% in 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annonce • May 12
Linamar Corporation Declares an Eligible Dividend in Respect to the Quarter Ended March 31, 2022, Payable on or After June 8, 2022 The Board of Directors of Linamar Corporation declared an eligible dividend in respect to the quarter ended March 31, 2022 of CAD 0.20 per share on the common shares of the company, payable on or after June 8, 2022 to shareholders of record on May 27, 2022. Annonce • May 04
Linamar Corporation to Report Q2, 2022 Results on Aug 10, 2022 Linamar Corporation announced that they will report Q2, 2022 results on Aug 10, 2022 Annonce • Apr 28
Linamar Corporation (TSX:LNR) entered into an agreement to acquire Salford Group, Inc. for approximately CAD 260 million. Linamar Corporation (TSX:LNR) entered into an agreement to acquire Salford Group, Inc. for approximately CAD 260 million on April 27, 2022. Following the sale, Salford Group will continue to leverage its established manufacturing and distribution network to sell products under the Salford brand. It’s headquarters will remain in Salford, Ontario, Canada. Linamar intends to use funds available through its existing credit facilities to complete the transaction. The purchase is expected to close during the second quarter of 2022, subject to the satisfaction of customary closing conditions, including the receipt of required regulatory approval. Recent Insider Transactions • Mar 24
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 24
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Upcoming Dividend • Mar 24
Upcoming dividend of CA$0.20 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 19 April 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.3%). Recent Insider Transactions • Mar 22
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 22
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 22
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 21
Insider recently bought €38k worth of stock On the 15th of March, Steven Bowman bought around 1k shares on-market at roughly €38.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €10m more in shares than they bought in the last 12 months. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CA$6.43 (up from CA$4.27 in FY 2020). Revenue: CA$6.54b (up 12% from FY 2020). Net income: CA$420.6m (up 51% from FY 2020). Profit margin: 6.4% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8% compared to a 1.4% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €37.60, the stock trades at a trailing P/E ratio of 6.9x. Average forward P/E is 8x in the Auto Components industry in Germany. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.75 per share. Annonce • Feb 19
Linamar Corporation, Annual General Meeting, May 26, 2022 Linamar Corporation, Annual General Meeting, May 26, 2022. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €46.60, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 10x in the Auto Components industry in Germany. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.42 per share. Recent Insider Transactions • Jan 13
Board Member recently sold €999k worth of stock On the 7th of January, Mark Stoddart sold around 18k shares on-market at roughly €54.84 per share. In the last 3 months, they made an even bigger sale worth €1.0m. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Recent Insider Transactions • Dec 17
CEO & Non-Independent Director recently bought €2.5m worth of stock On the 14th of December, Linda Hasenfratz bought around 50k shares on-market at roughly €50.09 per share. This was the largest purchase by an insider in the last 3 months. This was Linda's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 27
Group President of Skyjack Inc recently sold €119k worth of stock On the 25th of November, Kenneth McDougall sold around 2k shares on-market at roughly €54.73 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.0m. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS CA$1.66 (vs CA$1.92 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CA$1.65b (flat on 3Q 2020). Net income: CA$108.8m (down 13% from 3Q 2020). Profit margin: 6.6% (down from 7.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 18
Insider recently sold €103k worth of stock On the 16th of August, Elaine Wright sold around 2k shares on-market at roughly €48.87 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.1m. Insiders have been net sellers, collectively disposing of €9.6m more than they bought in the last 12 months. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CA$1.65 (vs CA$0.58 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$1.58b (up 71% from 2Q 2020). Net income: CA$108.0m (up CA$145.9m from 2Q 2020). Profit margin: 6.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 01
Founder & Chairman of the Board recently sold €5.1m worth of stock On the 26th of May, Frank Hasenfratz sold around 100k shares on-market at roughly €51.11 per share. This was the largest sale by an insider in the last 3 months. This was Frank's only on-market trade for the last 12 months. Upcoming Dividend • May 20
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 27 May 2021. Payment date: 08 June 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.0%). Recent Insider Transactions • May 16
Executive VP of Human Resources recently sold €362k worth of stock On the 14th of May, Roger Fulton sold around 7k shares on-market at roughly €51.73 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €363k more than they sold in the last 12 months. Reported Earnings • May 08
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$1.78b (up 15% from 1Q 2020). Net income: CA$153.5m (up 96% from 1Q 2020). Profit margin: 8.6% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annonce • May 07
Linamar Corporation Declares Dividend for the First Quarter Ended March 31, 2021, Payable on or After June 8, 2021 Linamar Corporation declared an eligible dividend in respect to the first quarter ended March 31, 2021 of CAD 0.16 per share on the common shares of the company, payable on or after June 8, 2021 to shareholders of record on May 28, 2021. Recent Insider Transactions • Mar 24
Insider recently sold €62k worth of stock On the 19th of March, Ronald Bennett sold around 1k shares on-market at roughly €53.59 per share. In the last 3 months, they made an even bigger sale worth €160k. Despite this recent sale, insiders have collectively bought €727k more than they sold in the last 12 months. Upcoming Dividend • Mar 24
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 31 March 2021. Payment date: 15 April 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.0%). Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 20%, compared to a 12% growth forecast for the Auto Components industry in Germany. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS CA$4.27 (vs CA$6.59 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$5.82b (down 22% from FY 2019). Net income: CA$279.1m (down 35% from FY 2019). Profit margin: 4.8% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Mar 12
Linamar Corporation Declares Dividend for the Quarter Ended December 31, 2020, Payable on or After April 15, 2021 Linamar Corporation announces the Board of Directors declared an eligible dividend in respect to the quarter ended December 31, 2020 of CAD 0.16 per share on the common shares of the company, payable on or after April 15, 2021 to shareholders of record on April 1, 2021. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to CA$56.00, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 27x in the Auto Components industry in Europe. Total returns to shareholders over the past three years are 27%. Is New 90 Day High Low • Mar 10
New 90-day high: €50.00 The company is up 13% from its price of €44.40 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.07 per share.