GUELPH — Linamar Corp. reported net earnings of $126.9 million during its second quarter, down from $174.1 million a year earlier.
The company says its earnings amounted to $2.12 per diluted share, down from $2.82 per diluted share during the same period a year ago.
The Guelph, Ont.-based auto parts manufacturer says its sales totalled $2.6 billion during the quarter, down from $2.8 billion during the same period last year.
On an adjusted basis, the company says it earned $2.81 per diluted share in the quarter compared with $3.06 per diluted share a year earlier.
The company's industrial segment earnings fell in the quarter while earnings in its mobility division rose.
Linamar executive chair Linda Hasenfratz says the company has remained largely unaffected by tariffs imposed by the U.S. as its products continue to be CUSMA compliant.
This report by The Canadian Press was first published Aug. 13, 2025.
Companies in this story: (TSX:LNR)
The Canadian Press