TORONTO – Martinrea International Inc. reported $35.8 million in profit during the third quarter, up from $14.2 million during the same period a year earlier.

The company reported diluted net earnings per share of 49 cents during the period ended Sept. 30 compared with 19 cents during the third quarter of 2024.

The Toronto-based automotive supplier reported its total sales amounted to $1.19 billion during the third quarter, down from $1.24 billion during the same period a year earlier.

Martinrea CEO Pat D’Eramo says in a press release that the company was awarded new business representing around $30 million in annualized sales, consisting of $15 million with General Motors and Toyota, $12 million with Stellantis and Ford, and $3 million with Volvo Truck and Central Power.

D’Eramo also

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