Magna Announces Strong Third Quarter Results
Financial Post ·
Highlights(1) Delivered strong third-quarter 2026 results, reflecting continued productivity improvements and disciplined execution. Sales decreased 4% to $10.1 billion, reflecting lower light vehicle production and impact of divestitures Income from operations before income taxes increased 17% to $552 million Adjusted EBIT increased 11% to $683 million, with Adjusted EBIT margin expanding 90 basis points to […]
We remain focused on finishing 2026 strong and positioning Magna for success in 2027 and beyond. At our Investor Day on November 11, we look forward to sharing more about our strategic priorities and longer-term outlook.” Read More