GUELPH – Linamar Corp. says its net earnings reached $221.4 million during the first quarter, up from $177.7 million the previous year.
That amounted to diluted net earnings per share of $3.71, rising from $2.94 during the prior year quarter.
The Guelph, Ont.-based auto parts manufacturer says its sales totalled $2.94 billion during the three months ended March 31, rising year-over-year from $2.53 billion.
The company says its products continue to be compliant with the Canada-U.S.-Mexico Agreement on trade, meaning most of them are tariff-free into the U.S.
However, Linamar says new tariffs that took effect in April will have more of an effect on its industrial segment but are not affecting its overall business outlook.
Last month, Linamar announced it was maintaining its full-year guidance for 2026 following recent changes to the U.S. tariff regime that imposed a 25 per cent levy on the full value of products made substantially of steel, aluminum or copper.
This report by The Canadian Press was first published May 6, 2026.
Companies in this story: (TSX:LNR)
