Record Sales and Earnings for Mobility Segment, Strong Cash Flow as Linamar Continues to Find Opportunity in Challenging Times
GUELPH, Ontario, Aug. 12, 2026 (GLOBE NEWSWIRE) -- (TSX: LNR)
Record Sales and Solid Earnings Performance from Our Diversified Strategy * Sales increased 18.8% to reach a record of $3.14 billion; * Normalized Earnings per Share(1) increased 9.6% to $3.08 for the quarter; and * Normalized Net Earnings(1) increased 8.7% to $183.0 million for the quarter. Excellent Mobility Segment Sales and Normalized Operating Earnings Growth to Record Levels * Sales increased 20.5% to a record of $2.36 billion for the quarter; * Normalized Operating Earnings(1) increased 28.6% to a record of $194.0 million for the quarter; * Normalized Operating Earnings margins at 8.2% for the quarter; and * Market share growth in every region. Continued Strong Free Cash Flow and Liquidity * $236.5 million of Free Cash Flow(1) generated in Q2 2026, up $58.9 million from the prior year; and * Liquidity(1) remains strong at $2.0 billion, up $76.7 million or 4.0% from Q2 2025. Returning Cash to Shareholders * Linamar has repurchased 1,025,677 shares to date as part of its current normal course issuer bid and has returned $92.2 million to shareholders as a result; and * Linamar is increasing its dividends to shareholders to $0.32 per share quarterly. Industrial Segment Sales and Market Share Growth * Sales increased by 13.8% to $783.5 million for the quarter, driven by strong market demand for access equipment; and * Global market share growth in the key agricultural equipment products of windrowers, air seeders, and tillage equipment. Tariffs Impacting Only Industrial Results in Q2 * More than 90% of Linamar sales are tariff free. * Auto parts that are USMCA compliant continue to be tariff free into the US and are the majority of our sales. * Most Industrial segment products shipping to the US are also USMCA compliant and tariff free.
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