Q2 2022 Linamar Corp Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Linamar Q2 2022 Earnings Conference Call. (Operator Instructions) Today's call is being recorded on Wednesday, August 10, 2022. And I would now like to turn the conference over to Linda Hasenfratz, Executive Chair of the Board and Chief Executive Officer. Please go ahead.
Thank you. Good afternoon, everyone, and welcome to our second quarter conference call. Joining me this afternoon are members of my executive team, Jim Jarrell, Dale Schneider, Roger Fulton, and some members of our corporate IR, marketing, finance and legal team. Before I begin, I will draw your attention to the disclaimer that is currently being broadcast. I'll start off with a review of sales, earnings and content.
Sales for the quarter were $1.98 billion, up 25.8% last year on recovery markets and market share growth. Normalized net earnings were $109.3 million. Earnings were up over last year on stronger sales despite massively higher costs
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