GlobeNewswire

Vince Galifi, Magna’s Chief Financial Officer

Vince Galifi, Magna’s Chief Financial Officer

“All things considered, our third quarter earnings were relatively in line with our expectations. However, we have made some adjustments to our Outlook largely to reflect estimated lost volume related to the GM strike and higher launch costs. Importantly, our expectations for free cash flow of $1.9-$2.1 billion for this year are unchanged.”
Magna International Inc.
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Magna International Inc.

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Magna Announces Third Quarter Results