Magna Announces Second Quarter 2024 Results

Sales of $11.0 billion were level with Q2, 2023, compared to a 2% increase in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share were $1.09 and $1.35, respectively Paid dividends of $134 million 2024 outlook for Total Sales largely unchanged, Adjusted EBIT Margin range narrowed to 5.4% to 5.8% AURORA, Ontario, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2 ...