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Linamar quarterly profit rises nearly 22 pct
2017年3月8日 / 晚上9点28分 / 8 个月前

Linamar quarterly profit rises nearly 22 pct

March 8 (Reuters) - Canadian auto parts maker Linamar Corp reported a 21.8 percent increase in its quarterly profit, helped in part by the acquisition of France’s Montupet S.A last year.

The company’s net earnings rose to C$116.1 million, or C$1.76 per share, in the fourth quarter ended Dec. 31, compared with C$95.3 million, or C$1.45 per share, a year earlier.

Sales rose 10.6 percent to C$1.37 billion in the quarter. (Reporting By Allison Lampert in Montreal and Vishaka George in Bengaluru)

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