Full Year 2024 Results Key Financial Results Revenue: US$42.8b (flat on FY 2023).
Magna International Inc (MGA) reports robust Q4 2024 results with significant free cash flow and margin gains, while ...
Canadian auto parts manufacturer Magna International (MGA) has cut its forward guidance for this year due to uncertainty ...
Shares are trading defensively, however, as foreign exchange headwinds and industry challenges that include light vehicle ...
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Auto parts maker Magna warns tariffs would be 'disruptive' but prepared to face themAuto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it's ...
Q4 2024 Management View CEO Swamy Kotagiri highlighted Magna's Q4 2024 achievements, which included a 2% year-over-year increase in sales to $10.6 billion and a 27% rise in EPS to $1.69. He emphasized ...
Shares of Magna International Inc. MG slid 0.46% to C$55.76 Wednesday, in what proved to be an all-around poor trading ...
HighlightsSales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of ...
Magna International reported a 2% year-on-year sales growth for Q4 FY24, reaching $10.63 billion, surpassing expectations. Adjusted EPS of $1.69 exceeded the consensus of $1.52.
Canadian auto parts maker Magna International cut its 2026 sales estimate while offering a weak revenue forecast for the current year on Friday and said challenges such as uncertain government ...
President Trump threatened import tariffs on Canada, Mexico, and China, all of which are important markets for Magna International.
The latest phase of the partnership is the production of the all-new electric model for Mercedes-Benz’s iconic off-roader.
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