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Increasing powertrain content spurs Linamar growth

Strong performance from its powertrain/driveline division in 2014 helped Linamar to realise a nearly 50% earnings increase

Linamar recently announced record adjusted operating earnings of US$447.4m for 2014, an increase of 47% over 2013 figures. Adjusted operating earnings were US$101.1m for the fourth quarter (Q4), an increase of US$31.4m or 5.1% over Q4 2013.

Speaking during the company’s latest call for its Q4 and full year earnings, company Chief Executive Linda Hasenfratz explained that earnings saw “another fantastic level of growth in the quarter with net earnings up 30% over adjusted results of a year ago,” to US$71.8m. This took full year figures to US$320.6m in net earnings, and “an outstanding growth level of nearly 50%.”

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