Investor Relations

Shareholder Value

Martinrea’s vision is making people’s lives better by being the best supplier we can be in the products we make and the services we provide. 

Martinrea’s mission is to make people’s lives better by:

  • Delivering outstanding quality products and services to our customers.
  • Providing meaningful opportunity, job satisfaction, and job security for our people.
  • Providing superior long-term investment returns to our stakeholders.
  • Being positive contributors to our communities.

We are focused on building shareholder value on the principle of prudent, profitable and sustainable growth based on innovation, lean thinking and entrepreneurial spirit. We do this by continuing to serve our customers well, improving our products and processes, developing and utilizing the talents of our people and making strategic acquisitions.

We focus on operational improvements on a daily basis. The partnership with our customers who continue to award us new business, champion our constant growth and support our acquisitions is a testament to our operational excellence. We remain soundly capitalized overall and focused on financial discipline at all of our locations.

2020 Sustainability Report

Investor Presentations

Q2 2020 MRE Company Presentation

View Martinrea International, Inc.’s results presentation for Q2 2020.

Deutsche Bank Global Automotive Industry Conference 2020

View Martinrea International, Inc.’s presentation at Deutsche Bank Global Automotive Industry Conference on June 9, 2020. 

Board of Directors

Robert Wildeboer

Fred Olson

Terry Lyons

Roman Doroniuk

Sandra Pupatello

Pat D'Eramo

David Schoch

Molly Schoichet

Corporate social responsibility

Martinrea complies with all applicable laws in the jurisdictions in which it operates. The Board of Directors has adopted a Code of Conduct to:

  • Act honestly and ethically and in the best interests of the company.
  • Comply with all applicable laws, rules and regulations.
  • Not use or disclose any confidential information acquired as a result of a person’s role with the company.
  • Avoid all actual or apparent conflicts of interest between personal and professional relationships, ethically handling such actual or apparent conflicts of interest.
  • Not take any opportunity that belongs to the company or is discovered through the use of corporate property, information or position; or use any corporate property, information or position for personal gain.
  • Not compete with any business activity of the company.
  • Promptly and accurately provide all necessary information to assure that the company’s public reports, documents, filings and communication are full, fair, accurate, timely and understandable and that the company’s public disclosure requirements are fully met.
  • Promptly report any known violations of this Code to the Audit Committee Chairman.
  • Not permit retaliation of any kind against good faith reports or complaints of violations of this code or other illegal or unethical conduct.

The Code is an integral part of our ethical backbone. In today’s world, with Martinrea operating in various countries, the expectations for responsible business conduct are higher than ever. Our customers, partners and shareholders trust the company will maintain and uphold the law and the highest possible standards of ethical conduct. The Code of Conduct is reviewed at least annually.

Martinrea has implemented training to help our people understand as well as apply key rules to ensure all business activities are conducted with the highest level of fairness, honesty, integrity and ethical standards. It also provides information for team members to know where they can go for guidance if ever unclear about the right course of action.

The company also maintains a confidential and anonymous whistle-blowing line, which is administered by a third party to allow employees to report violations or suspected violations of applicable laws or accounting standards without the fear of retaliation.

We have numerous corporate policies in place (in addition to the Code of Conduct) to ensure ethical and legal compliance. Examples include policies dealing with health and safety, workplace violence and harassment, antitrust compliance, privacy and cybersecurity.

The company’s Health Safety and Environmental Policy sets out the company’s continued commitment to conducting its business in a way that aligns with internationally accepted principles for working conditions and corporate responsibility.

We adopted vision and mission statements and a set of 10 Principles to help the company achieve its goals and to provide guidance to employees on acceptable behaviour and how to apply these principles to their jobs. One of our guiding principles is the “Golden Rule” – treat everyone with dignity and respect.

Social responsibility is an increasing focus of our customers, governments and end users.

Martinrea’s contracts require suppliers to comply with certain legal requirements, including the company’s Code of Conduct, compliance with laws, environmental responsibility and customer requirements. A failure to comply with these requirements could result in termination of the contractual relationship.

The company also supports its customers with conflict minerals reporting to help ensure that conflict minerals such as gold, tantalum, tungsten and tin which are sourced from mines under the control of armed groups in the Democratic Republic of Congo and certain neighboring countries, are not used in automotive parts and assemblies. The company also expects similar reporting from its suppliers, where required.

Martinrea strives to continuously help customers to create vehicles that are light, strong, safe and more fuel efficient.

Martinrea values supplier diversity and supports diversity through many purchasing initiatives, including to help its customers meet their requirements for supplier diversity.

Martinrea is committed to the fair treatment of employees, a safe, healthy and diverse workplace, competitiveness of wages and open communication. The company believes that providing employees with a safe and pleasant working environment is an important factor in maintaining labour productivity and goodwill in order to produce quality products. The company believes that it has a strong relationship with its employees. The future success of the company depends in part on its ability to attract and retain qualified people. In addition, Martinrea is committed to an operating philosophy based on fairness, dignity and respect for people, as well as fostering our diverse culture. Accordingly, the company adopted an Employee Bill of Rights.

  • Health and Safety
    Martinrea has a strong commitment to workplace health and safety and the prevention of occupational injury and illness. Martinrea’s objective is to continuously improve its health and safety performance and meet or exceed industry standards. A safe and healthy workplace is created through the combined effort and participation of leadership and employees. Leadership is responsible for establishing and maintaining health and safety policies, programs, safe-work practices and resources, and employees are responsible for maintaining safe and healthy work conditions. Prevention is the goal, and all parties will continue to work together to ensure a safe and healthy workplace. The company has a disaster response and recovery plan in place at each facility to protect the health and safety of the employees and to ensure disruption to the company’s operations are minimized in the event of an environmental issue.
  • Human Rights
    Martinrea respects the dignity of every human being and supports the compliance with internationally recognized human rights. We reject all forms of physical, sexual, psychological or verbal abuse of our employees. We respect the freedom of opinion and expression and freedom of association. The company condemns child labor and respects the rights of children. They comply with the applicable laws and regulations regarding the minimum age for admission to employment or work. Martinrea compensates employees to enable them to meet at least their basic needs and provide the opportunity to improve their skill and capability in order to raise their social and economic opportunities.
  • Promoting Diversity
    Our conduct with each other is characterized by respect and tolerance, and is free of discrimination or harassment due to gender, race, ethnic, national or social origin, age, religion, political or sexual orientation, physical or mental disability or other characteristics protected under law. Tolerance and equal opportunity are pre-requisites to a pleasant work environment. The opportunities of the employees depend exclusively on their performance, capabilities and competences depending on the requirements of their respective working place. The company has a diversity policy and continuously promotes diversity and strives to create an inclusive work environment at Martinrea.
  • Accessibility
    Martinrea is committed to treating all people in a way allowing them to maintain their dignity and independence. The company is committed to meeting the needs of people with disabilities in a timely manner, and will do so by preventing and removing barriers to accessibility and meeting accessibility requirements under the Accessibility for Ontarians with Disabilities Act (AODA) in Ontario, as well as in accordance with the applicable requirements in other regions in which we operate. Where the complete removal of barriers is unattainable, Martinrea will attempt to accommodate persons with a disability in an appropriate and effective manner. We believe in integration and equal opportunity, and thus we aim to create an inclusive culture. Martinrea has developed and will maintain a Multi-Year Accessibility Plan (the “Accessibility Plan”) setting out Martinrea’s plan for preventing and removing accessibility barriers from its workplaces and meeting applicable requirements. The Accessibility Plan will be reviewed and updated at minimum once every five years.
  • Commitment to our Communities
    Core to Martinrea’s Mission is to be good corporate citizens and positive contributors to the communities the company operations within. As such, the company emphasizes the need to support its people by being involved in the local clubs, events and charities enriching their communities. Martinrea often supports community athletics, arts, education, healthcare and other charitable organizations. Martinrea has recently introduced a global charitable giving program for its employees called “Making People’s Lives Better.” Making people’s lives better in communities has been a foundational belief from the beginning, encouraged by the leadership and embraced by the people. Making people’s lives better is directly reflected in its vision, mission and principles, as well as in its diverse culture.

We talk about culture a lot at Martinrea. Because it matters. It matters a lot. It matters to all of us at Martinrea. Our culture has a profound impact on our company and our people. So we take it very seriously. Peter Drucker once said, “culture eats strategy for breakfast”. And we think he is right, especially in challenging times. Sustainability is at the core of our culture. Our vision for the future is: Making lives better by being the best supplier we can be in the products we make and the services we provide. Our people need a why, and that’s a “why” vision. There’s a proverb that says, “where there is no vision the people perish”. Very true and very appropriate. The Company’s mission is Making People’s Lives Better by: (i) delivering outstanding quality products and services to our customers; (ii) providing meaningful opportunity, job satisfaction and job security for our people; (iii) providing superior long term investment returns to our stakeholders; and (iv) being positive contributors to our communities. 

2020 Sustainability Report

The Company’s vision and mission is supported by a four-pillar strategy:  a high performance culture, operational excellence, superior financial management and customer satisfaction. This has internally become known as Martinrea 2.0: a framework to become a great company with diverse people and groups working together.

In pursuing our vision and mission, we developed, on a collaborative basis, a set of guiding principles, to be communicated, reinforced and adopted throughout the Company on a consistent basis as follows:

  1. We make great, high quality products
  2. Every location must be a center of excellence
  3. Discipline is key
  4. We attract, train and work with excellent people, and we motivate our people to perform well
  5. We are a team
  6. Challenges make us better
  7. Think differently
  8. Work hard, play hard
  9. The Golden Rule – Treat everyone with dignity and respect
  10. Our leadership has to drive these messages consistently

Culture

Sustainability, as with any aspect of the Company, has to start with culture. The Company believes a great culture is core to a sustainable business and successful company. The Company’s culture is founded upon principles that are core to its beliefs for a sustainable business, and are reinforced continuously.

We articulate our company culture, comprised of entrepreneurship, lean manufacturing principles, and the Golden Rule philosophy core to our Guiding 10 Principles, as demonstrated in a picture:

                                                                                       MAKING PEOPLE’S LIVES BETTER

                      Ven Diagram

The Company has been entrepreneurial in nature since the beginning, a company embracing characteristics of encouraging executives, general managers and all employees to act and think like an owner with a stake in the enterprise, supporting a can do attitude, promoting an ability and willingness to urgently get things done, acting to avoid unnecessary bureaucracy, and developing an ability to learn from challenges openly and constructively with the trust of working in a team. As a Company, we embrace new initiatives, and we focus on developing new products, new technologies, and new ways of doing things consistently. 

The Company embraces lean thinking as part of its culture too. Simply stated, the lean thinking way emphasizes eliminating waste in all aspects of the Company’s business and operations. The elimination of waste allows us to take out unnecessary cost, thereby making us competitive. It enables us to see problems we can fix in our operations more easily. It allows us to simplify processes to have safer, cleaner, more efficient and more sustainable workplaces. It is a culture of continuous improvement in whatever we do.

At the core of our One Martinrea culture is a Golden Rule philosophy, based on treating others the way we want to be treated, with dignity and respect, but more also. It means following our 10 Guiding Principles in our business and operations, and in how we deal with our customers, suppliers, stakeholders (lenders and shareholders) and our communities. Being lean or being entrepreneurial is not enough. These cultural elements overlap but are tied together with our Golden Rule/dignity and respect approach. We make people’s lives better in what we do, and we can only do that with a service oriented approach to our work and our colleagues at work, and all those who we deal with in our work. At Martinrea, we believe our culture is and will be a sustainable competitive advantage for the Company over the long term, and we know it has driven the improving financial, safety, and quality performance over the past several years.

Culture and Sustainability

Martinrea has been built on strong values and the Company’s goal is to run its business in a socially responsible and ethical manner, by respecting the environment, respecting the law, supporting universal human rights and contributing to communities around the world. 

Since 2001, the Company has implemented labour and environmental policies and practices addressing these important matters, including policies promoting fair compensation and work hours, freedom of association and collective bargaining, anti-harassment and discrimination, health and safety, community engagement, respect for the environment and policies prohibiting bribery and corruption, and child and forced labour (including from its supply base). The Company assesses and updates its sustainability strategies and environmental policies where possible to meet its own goals for an environmentally and socially responsible company.

The Company’s approach to health and safety, diversity and inclusion, and sustainability is not formulaic in response to popular trends: it is at the core of Martinrea’s culture to make people’s lives better. It is a given that people are to be treated the way we wish to be treated, with dignity and respect. It is foundational that a person has to be safe in our Company, physically or emotionally, that prejudice in any form is unacceptable, that opportunity is provided equally to all, and the Company strives to do that every day. It is also foundational that we as a company promote sustainability in all we do in our communities, by respecting and improving the environment (indeed, our lightweighting business focuses on reducing emissions and saving energy), by supporting good causes in communities, by being an employer of choice, and being able to do all these things for a very long time. To be a sustainable business, one must be in business. These realities outline what sustainability means to us.

Pat D’Eramo                                                                                                             Rob Wildeboer
President and Chief Executive Officer                                                                 Executive Chairman

 

Public Filings

  • Q2 – Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

    Q2 / 2020
    Quarterly Reports
  • Q2 – Martinrea International Inc. Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2020

    Q2 / 2020
    Quarterly Reports
  • Q2 – Report to Shareholders for the Second Quarter Ending June 30, 2020

    Q2 / 2020
    Quarterly Reports
  • Q2 – Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2020

    Q2 / 2020
    Quarterly Reports
  • Q1 – Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2020

    Q1 / 2020
    Quarterly Reports
  • Q1 – Report to Shareholders for the First Quarter Ending March 31, 2020

    Q1 / 2020
    Quarterly Reports
  • Q1 – Martinrea International Inc. Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2020

    Q1 / 2020
    Quarterly Reports
  • Q1 – Martinrea International Inc. Reports First Quarter Results

    Q1 / 2020
    Quarterly Reports
  • Annual Report 2019

    Q4 / 2019
    Annual Reports
  • Q4 – Management Discussion and Analysis of Operating Results and Financial Position for the Year Ended December 31, 2019

    Q4 / 2019
    Quarterly Reports
  • Q4 – Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2019

    Q4 / 2019
    Quarterly Reports
  • Q4 – Martinrea International Inc. Reports Strong Annual Earnings and Declares Increased Dividend

    Q4 / 2019
    Quarterly Reports
  • Annual Information Form for the Fiscal Year Ended December 31, 2019

    Q4 / 2019
    Annual Documents
  • Q3 – Martinrea International Inc. Interim Condensed Consolidated Financial Statements (For the Three and Nine Months Ended September 30, 2019)

    Q3 / 2019
    Quarterly Reports
  • Q3 – Management Discussion and Analysis of Operating Results and Financial Position (For the three and nine months ended September 30, 2019)

    Q3 / 2019
    Quarterly Reports
  • Q3 – Report to Shareholders for the Third Quarter Ending September 30, 2019

    Q3 / 2019
    Quarterly Reports
  • Q3 – Martinrea International Inc. Reports Record Third Quarter Results and Declares Dividend

    Q3 / 2019
    Quarterly Reports
  • Q2 – Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2019

    Q2 / 2019
    Quarterly Reports
  • Q2 – Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2019

    Q2 / 2019
    Quarterly Reports
  • Q2 – Martinrea International Inc. Reports Second Quarter Results and Announces Dividend August 6, 2019

    Q2 / 2019
    Quarterly Reports
  • Martinrea International Inc. Reports First Quarter Results and Declares Dividend May 2, 2019

    Q1 / 2019
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2019

    Q1 / 2019
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2019

    Q1 / 2019
    General
  • Interim Report 2019 Quarter 1

    Q1 / 2019
    Quarterly Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2018

    Q4 / 2018
    General
  • Martinrea International Inc. Reports Record Quarterly and Annual Earnings and Declares Dividend

    Q4 / 2018
    General
  • Management Information Circular

    Q4 / 2018
    General
  • Chairman’s Letter to Shareholders

    Q4 / 2018
    General
  • Notice of Annual General Meeting

    Q4 / 2018
    General
  • Annual Report 2018

    Q4 / 2018
    Annual Reports
  • Martinrea International Inc. Reports Record Third Quarter Results and Announces Dividend

    Q3 / 2018
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Nine Months Ended September 30, 2018

    Q3 / 2018
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Nine Months Ended September 30, 2018

    Q3 / 2018
    General
  • Interim Report 2018 Quarter 3

    Q3 / 2018
    Quarterly Reports
  • Martinrea International Inc. Reports Record Second Quarter Results, New Product Awards and Announces Dividend

    Q2 / 2018
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2018

    Q2 / 2018
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2018

    Q2 / 2018
    General
  • Interim Report 2018 Quarter 2

    Q2 / 2018
    Quarterly Reports
  • Annual Information Form for the Fiscal Year Ended December 31, 2018

    Q1 / 2018
    General
  • Martinrea International Inc. Reports Record First Quarter Results, New Product Awards and Announces Increased Dividend May 3, 2018

    Q1 / 2018
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2018

    Q1 / 2018
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2018

    Q1 / 2018
    General
  • Interim Report 2018 Quarter 1

    Q1 / 2018
    Quarterly Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2017

    Q4 / 2017
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for Year Ended December 31, 2017

    Q4 / 2017
    General
  • Annual Information Form for the Fiscal Year Ended December 31, 2017

    Q4 / 2017
    General
  • Annual Report 2017

    Q4 / 2017
    Annual Reports
  • Martinrea International Inc. Reports Record Third Quarter Earnings, Strong Margin Improvement and Announces Dividend

    Q3 / 2017
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Nine Months Ended September 30, 2017

    Q3 / 2017
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Nine Months Ended September 30, 2017

    Q3 / 2017
    General
  • Interim Report 2017 Quarter 3

    Q3 / 2017
    Quarterly Reports
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2017

    Q2 / 2017
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2017

    Q2 / 2017
    General
  • Martinrea International Inc. Reports Record Quarterly Earning, Strong Margin Improvement and Announces Dividend

    Q2 / 2017
    General
  • Interim Report 2017 Quarter 2

    Q2 / 2017
    Quarterly Reports
  • Martinrea International Inc. Reports Record Quarterly Earnings and Announces Dividend May 1, 2017

    Q1 / 2017
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2017

    Q1 / 2017
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2017

    Q1 / 2017
    General
  • Interim Report 2017 Quarter 1

    Q1 / 2017
    Quarterly Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2016

    Q4 / 2016
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for Year Ended December 31, 2016

    Q4 / 2016
    General
  • Annual Information Form for the Fiscal Year Ended December 31, 2016

    Q4 / 2016
    General
  • Annual Report 2016

    Q4 / 2016
    Annual Reports
  • Martinrea International Inc. Releases Third Quarter Results and Announces Dividend

    Q3 / 2016
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Nine Months Ended September 30, 2016

    Q3 / 2016
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Nine Months Ended September 30, 2016

    Q3 / 2016
    General
  • Interim Report 2016 Quarter 3

    Q3 / 2016
    Quarterly Reports
  • Martinarea Ridgetown Toxic Reduction Plan (2016 – 2019)

    Q3 / 2016
    General
  • Martinrea International Inc. Releases Second Quarter Results and Announces Dividend

    Q2 / 2016
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2016

    Q2 / 2016
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2016

    Q2 / 2016
    General
  • Interim Report 2016 Quarter 2

    Q2 / 2016
    Quarterly Reports
  • Martinrea International Inc. Releases First Quarter Results and Announces Dividend

    Q1 / 2016
    General
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2016

    Q1 / 2016
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2016

    Q1 / 2016
    General
  • Interim Report 2016 Quarter 1

    Q1 / 2016
    Quarterly Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2015

    Q4 / 2015
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for Year Ended December 31, 2015

    Q4 / 2015
    General
  • Annual Information Form for the Fiscal Year Ended December 31, 2015

    Q4 / 2015
    General
  • Annual Report 2015

    Q4 / 2015
    Annual Reports
  • Martinrea International Inc. Interim Condensed Consolidated Financial Statements for the Three and Nine Months Ended September 30, 2015

    Q3 / 2015
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Nine Months Ended September 30, 2015

    Q3 / 2015
    General
  • Interim Report 2015 Quarter 3

    Q3 / 2015
    Quarterly Reports
  • Martinrea International Inc. Interim Condensed Consolidated Financial Statements for the Three and Six Months Ended June 30, 2015

    Q2 / 2015
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three and Six Months Ended June 30, 2015

    Q2 / 2015
    General
  • Interim Report 2015 Quarter 2

    Q2 / 2015
    Quarterly Reports
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2015

    Q1 / 2015
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2015

    Q1 / 2015
    General
  • Interim Report 2015 Quarter 1

    Q1 / 2015
    Quarterly Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Year Ended December 31, 2014

    Q4 / 2014
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for Year Ended December 31, 2014

    Q4 / 2014
    General
  • Annual Information Form for the Fiscal Year Ended December 31, 2014

    Q4 / 2014
    General
  • Annual Report 2014

    Q4 / 2014
    Annual Reports
  • Martinrea International Inc. Consolidated Financial Statements for the Three and Nine Months Ended September 30, 2014

    Q3 / 2014
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Quarter Ending September 30, 2014

    Q3 / 2014
    General
  • Martinrea International Inc. Releases 2014 Third Quarter Results and Announces Dividend

    Q3 / 2014
    General
  • Interim Report 2014 Quarter 3

    Q3 / 2014
    Quarterly Reports
  • Management Discussion and Analysis of Operating Results and Financial Position for Year Ended December 31, 2018

    Q2 / 2014
    General
  • Martinrea International Inc. Consolidated Financial Statements for the Three and Six Months Ended June 30, 2014

    Q2 / 2014
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Quarter Ending June 30, 2014

    Q2 / 2014
    General
  • Martinrea International Inc. Releases 2014 Second Quarter Results and Announces Dividend

    Q2 / 2014
    General
  • Interim Report 2014 Quarter 2

    Q2 / 2014
    Quarterly Reports
  • Martinrea International Inc., Interim Condensed Consolidated Financial Statements for the Three Months Ended March 31, 2014

    Q1 / 2014
    General
  • Management Discussion and Analysis of Operating Results and Financial Position for the Three Months Ended March 31, 2014

    Q1 / 2014
    General
  • Interim Report 2014 Quarter 1

    Q1 / 2014
    Quarterly Reports
  • Annual Report 2013

    Q4 / 2013
    Annual Reports

    Dividend policy

    Dividend History and Philosophy
    In the second quarter of 2013, Martinrea’s board of directors approved, for the first time, a dividend to be paid to all holders of Martinrea common shares. Annual dividends were  to be $0.12 per common share, to be paid in four quarterly payments of $0.03 per common share. Early in 2018, the company increased the annual dividends to $0.18 per share, to be paid in four quarterly installments of $0.045 per share.

    The declaration and payment of future dividends will be subject to the company’s cash requirements as well as satisfaction of statutory tests. In addition, the Board will assess future year’s dividend payment levels from time to time, in light of the company’s financial performance and the current and anticipated business needs at that time.

    Dividends declared, or to be declared, are as specified in the company’s quarterly press releases posted on the company’s website or www.sedar.com.

    Record and Payment Dates for Dividends
    Subject to approval by the Board, the record date for dividends is usually set as the last day of each fiscal quarter and the payment date is usually two weeks after the record date.

    Dividend Taxation
    The Canadian Federal Income Tax Act and most provincial income tax legislation, provides lower level of taxation for Canadian individuals who receive eligible dividends. All of the dividends paid by the company to date have been eligible dividends and all dividends paid hereafter will be eligible dividends unless indicated otherwise.

    Analyst coverage

    Firm Analyst
    BMO Capital Markets Peter Sklar
    CIBC World Markets Kevin Chiang
    Paradigm Capital J. Marvin Wolff
    Raymond James Ltd J. Michael Glen
    RBC Capital Markets Steve Arthur
    Scotiabank Global Banking and Markets Mark Neville
    TD Securities Brian Morrison
    Veritas Investment Research Dan Fong

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