Q3 2019 Linamar Corp Earnings Call Transcript
Good afternoon. My name is Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Linamar Third Quarter 2019 Earnings Conference Call. (Operator Instructions)
I would now like to turn the call over to Ms. Linda Hasenfratz. Please go ahead, ma'am.
Thank you. Good afternoon, everyone, and welcome to our third quarter conference call. Joining me this afternoon are members of my executive team: Jim Jarrell, Dale Schneider, and Roger Fulton; and some members of our corporate marketing, finance and legal teams. Before I begin, I will draw your attention to the disclaimer currently being broadcast.
I will start off with sales, earnings and content. Sales for the quarter were $1.74 billion, down from last year, but again, meaningfully outperforming markets. Global vehicle markets were down 3.2%, and a key customer was on strike for 10 days, but despite such, our Transportation segment actually increased 0.5% in sales and
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