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Martinrea reports results for Q1 2021, provides long-term outlook

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Financial results

Revenues at CAD997.2 million up 14.3% y/y; net income also rose to CAD37.7 million up 33.6% y/y for Q1 2021

Martinrea International has reported a rise of 14.3% year on year (y/y) in its revenues to CAD997.2 million (USD790.6 million) during the first quarter (ended 31 March 2021), according to a company press release on 6 May. Net income for the period also rose by 33.6% y/y to CAD37.7 million during the quarter.

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