Magna International Inc.: Magna Announces First Quarter 2021 Results
Magna International Inc.: Magna Announces First Quarter 2021 Results Global light vehicle production was up 18% driven by an 87% increase in China Income from operations before income taxes increased 109% Adjusted EBIT was up 91% Diluted earnings per share and adjusted diluted earnings per share increased 136% and 116%, respectively Increased 2021 outlook to reflect modestly higher sales and Adjusted EBIT margin expectations AURORA, Ontario, May 06, 2021for full first quarter Financial Statements and MD&A. THREE MONTHS ENDED $ 0.86 All results are reported in millions of U.S. dollars, except ...