Linamar (TSE:LNR) Full Year 2023 Results
Key Financial Results
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Revenue: CA$9.73b (up 23% from FY 2022).
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Net income: CA$503.1m (up 18% from FY 2022).
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Profit margin: 5.2% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.
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EPS: CA$8.18 (up from CA$6.67 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Linamar Earnings Insights
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Auto Components industry in North America.
Performance of the market in Canada.
The company’s shares are up 7.7% from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Linamar you should know about.
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