March 5, 2008 / 9:10 PM / 10 years ago

Linamar posts lower fourth-quarter profit

TORONTO, March 5 (Reuters) - Autoparts maker Linamar Corp (LNR.TO) reported a lower fourth-quarter profit on Wednesday, as sales were impacted by the strong Candian dollar.

The company, which makes precision automotive components for engines and transmissions, earned C$25 million ($25.4 million), or 36 Canadian cents a share, for the three months ended Dec. 31.

That compares with a profit of C$35.7 million, or 38 Canadian cents a share, a year earlier. ($1=$0.99 Canadian) (Reporting by John McCrank; Editing by Renato Andrade)

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