Linamar Corp (TSX:LNR)
C$ 58.87 2.78 (4.96%) Market Cap: 3.63 Bil Enterprise Value: 5.46 Bil PE Ratio: 6.01 PB Ratio: 0.65 GF Score: 82/100

Q4 2019 Linamar Corp Earnings Call Transcript

Mar 11, 2020 / 09:00PM GMT
Release Date Price: C$29.18 (-6.02%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Linamar Q4 2019 Year-end Earnings Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Linda Hasenfratz, Chief Executive Officer. Thank you. Please go ahead, madam.

Linda S. Hasenfratz
Linamar Corporation - CEO & Non-Independent Director

Thank you. Good afternoon, everyone, and welcome to our fourth quarter conference call. Joining me this afternoon are members of my executive team, Jim Jarrell, Dale Schneider, Roger Fulton, Mark Stoddart and some members of our corporate marketing, finance and legal teams.

Before I begin, I will draw your attention to the disclaimer that is going to be any second now displayed on the screen. There it is.

I will start off with sales, earnings and content as usual. Sales for the quarter were $1.62 billion, down from last year, but again, outperforming soft global markets. The North American vehicle market

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