04:35 PM EST, 11/12/2025 (MT Newswires) -- Linamar ( LIMAF ) said after trade Wednesday its third-quarter normalized earnings edged up as revenue fell slightly.
Normalized earnings rose to $150.1 million, or $2.51 per share, from $144.6 million, or $2.35, in the prior year period. The result beat the consensus analyst estimate of $2.41 per share, according to FactSet.
Revenue fell to $2.54 billion, from $2.64 billion, over the same period, but was inline with the consensus analyst forecast of $2.54 billion.
"Q3 was a solid quarter reflecting strong performance in the Mobility segment offsetting meaningful agricultural markets declines. In a low growth scenario, Linamar ( LIMAF ) is being opportunistic to chase takeover work and acquisitions as seen by 2 acquisitions announced in the last quarter, adding strongly to our growing portfolio of innovative cast products," said executive chair Linda Hasenfratz. "These new businesses will be a key element in our growth story for 2026."
The Toronto Stock Exchange has also accepted Linamar's ( LIMAF ) notice to buy back and cancel up to 3.9-million shares, from Nov. 17, for one year.
Linamar ( LIMAF ) will pay a regular quarterly dividend of $0.29 per share on Dec.2 to shareholders of record on Nov.21.
The company's shares closed up $0.68 to $75.54 on the Toronto Stock Exchange.