Linamar Shares Rise More Than 16 Per Cent After Higher Q1 Profits Beat Estimates - Congoo

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Linamar shares rise more than 16 per cent after higher Q1 profits beat estimates

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New Brunswick Business Journal | May 11, 2008

GUELPH, Ont. - Linamar Corp. (TSX:LNR) saw its shares soar more than 16 per cent Friday after Canada's second biggest auto parts company handily beat analyst estimates and reported a first-quarter profit of $29.5 million, up from $26.7 million a year ago. On the TSX, Linamar shares closed $2.35 high...

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