Magna’s Q1 net income up 67.5% y/y to USD1.1 billion

Revises full-year 2019 forecast downward

Magna’s net income increased 67.5% year-over-year (y/y) to USD1.1 billion in the first quarter ended 31 March 2019, the leading Canadian automotive supplier said in a press release on 9 May

Thank you for visiting IHS Automotive Supplierinsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the SupplierInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

Related Assets