Linamar reported record second-quarter sales of $3.1 billion, up 18.8% year-over-year, with normalized net earnings of $183 million and normalized EPS of $3.08, up 9.6%. The mobility segment saw sales rise 20.5% to $2.4 billion and normalized operating earnings jump 28.6% to $194 million, while the industrial segment's sales increased 13.8% to $783.5 million but normalized operating earnings fell 23.8% to $78.7 million due to new Section 232 tariffs and weak agricultural markets. The company generated nearly $240 million in free cash flow in the quarter, improved net debt to EBITDA to 0.52 times from 1.02 times a year ago, and raised its quarterly dividend by 10% to $0.32 per share. Management highlighted strong new business wins, with Canadian plants already achieving 90% of last year's total wins, and noted Skyjack volumes surged 46% in the quarter amid an improved industry outlook of nearly 14% growth for 2026.
CTO Realty Growth Inc
Dyadic International IncRecord Q2 sales and earnings, strong free cash flow, and dividend increase.
