GUELPH – Linamar Corp. reported $169.2 million in net earnings during the third quarter, up from $138 million during the same period a year earlier.
The company says its earnings amounted to $2.82 per diluted share, up from $2.24 a year earlier.
The Guelph, Ont.-based auto parts manufacturer says its sales totalled $2.5 billion during the third quarter, down from $2.6 billion during the prior-year quarter.
Linamar says that since it continues to comply with the Canada-U.S.-Mexico trade agreement, the majority of its products going into the U.S. are tariff-free.
Linda Hasenfratz, Linamar’s executive chair, says in a press release that in a low-growth environment, the company is being opportunistic to chase acquisitions.
In October, Linamar announced it was expanding its U.S. manufacturing footprint through a US$300 million deal to buy select North American assets of Aludyne Inc.
This report by The Canadian Press was first published Nov. 12, 2025.
Companies in this story: (TSX:LNR)
