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CA - Linamar: Positive 2024 Growth Outlook In Its Mobility And Industrial Segment
CA Inc.
2024-03-20 05:52:31 ET
Summary
LNR:CA reported strong 4Q23 earnings, with total revenue up 19.1% year-over-year to $2.45 billion.
The acquisition of Bourgault Industries is expected to strengthen LNR:CA's position in the agricultural equipment sector.
Despite a flat global light vehicle production outlook, LNR:CA's mobility, Skyjack, and agriculture segments are expected to grow at double-digit rates in 2024.