TORONTO (Reuters) - Linamar Corp
Net earnings for the fourth quarter rose to C$30.7 million, or 47 Canadian cents a share, up from C$27 million, or 42 Canadian cents a share, during the same period a year ago.
Revenue rose 5.4 percent to a record C$756.5 million, the company said.
"Earnings growth continues to outpace sales growth by a significant factor, our balance sheet continues to strengthen positioning us well for continued growth and investment," said chief executive Linda Hasenfratz in a statement.
Linamar, which reported results after markets closed, ended Wednesday's trading session up 0.7 percent at C$26.02 on the Toronto Stock Exchange.
(Reporting by Solarina Ho; Editing by Leslie Adler and Andre Grenon)
Source: http://news.yahoo.com/linamar-posts-higher-profit-u-asia-demand-213756460--finance.html
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