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Source : finanznachrichten.de

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 per share figures, which are in U.S. dollars
(1) Adjusted EBIT and Adjusted diluted earnings per share are Non-GAAP financial measures that have no standardized meaning under U.S. GAAP, and as a result may not be comparable to the calculation of similar measures by other companies. A reconciliation of these Non-GAAP financial measures is included in the back of this press release.

Source : finanznachrichten.de

Magna International Inc.: Q1-2021 Results Conference Call


Magna International Inc.: Q1-2021 Results Conference Call
Q1-2021 RESULTS CONFERENCE CALL
REBROADCAST INFORMATION
North America:
[email protected]
[email protected]
© 2021 GlobeNewswire (Europe)
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Source : finanznachrichten.de

Magna International Inc.: Magna Announces Fourth Quarter 2020 Results and Outlook


Magna International Inc.: Magna Announces Fourth Quarter 2020 Results and Outlook
Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019
Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019
Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019
Raised quarterly cash dividend by 8% to $0.43 per share
Full Year 2020 Highlights
Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe
Returned $659 million to shareholders primarily through dividends
AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020.

Source : globenewswire.com

Magna Announces Fourth Quarter 2020 Results and Outlook


Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019
Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019
Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019
Raised quarterly cash dividend by 8% to $0.43 per share
Full Year 2020 Highlights
Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe
Returned $659 million to shareholders primarily through dividends
AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020.

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