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

Q2 2024 Linamar Corp Earnings Call Transcript

Aug 08, 2024 / 09:00PM GMT
Release Date Price: $46.16 (+3.42%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the Linamar Q2 2024 earnings call. (Operator Instructions) This call is being recorded on Thursday, August 8, 2024.

I would now like to turn the conference over to Ms. Linda Hasenfratz, Executive Chair of Linamar. Please go ahead.

Linda Hasenfratz
Linamar Corp - Executive Chair of the Board

Thanks so much. Good afternoon, everyone, and welcome to our second quarter conference call. Joining me this afternoon are members of our senior team, Jim Jarrell, Mark Stoddart, Dale Schneider, Elliot Burger and Kevin Hallahan, and some members of our corporate IR, marketing, finance and legal team.

Before I begin, I will draw your attention to the disclaimer currently being broadcast. So I'll start off with the most exciting news of the quarter, and that is the promotion of Jim Jarrell, our longtime President to the additional title of CEO, a much deserved recognition of his fantastic dedication and exceptional skill as a business leader.

Having achieved our long-term goal of reaching $10

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