Linamar Corp (OTCPK:LIMAF)
$ 39.7925 0.3045 (0.77%) Market Cap: 2.45 Bil Enterprise Value: 3.60 Bil PE Ratio: 5.59 PB Ratio: 0.62 GF Score: 84/100
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Q2 2020 Linamar Corp Earnings Call Transcript

Aug 06, 2020 / 09:00PM GMT
Release Date Price: $31.26 (-1.08%)
Linda S. Hasenfratz
Linamar Corporation - CEO & Non-Independent Director

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; Mark Stoddart; as well as members of our corporate IR, marketing, finance and legal team.

If you can advance the slide? Before I begin, I will draw your attention to the disclaimer that is currently being broadcast.

Okay. I'm going to start off with an update on the COVID-19 crisis and Linamar's reaction to such. So as you know, we took a 4-step approach to dealing with COVID-19: assemble a team; gather data; make a plan; execute on the plan; and, of course, communicate broadly throughout. And we have continued to make excellent progress in this regard.

Our focus right now is very much on the next phase of this crisis: restarting, rejuvenating and recovering. First and foremost, we are determined to create a work environment where people feel and are as safe or safer coming to work than not coming to work. More than 90% of

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