AURORA, Ontario, March 29, 2019 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2018 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2018 Annual Report
Author: Magna International Official News
Magna Closes Sale of Fluid Pressure & Controls Business to Hanon Systems
AURORA, Ontario, March 29, 2019 (GLOBE NEWSWIRE) — Magna announced today that it has completed the sale of its Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South Korea-based global supplier of thermal and energy management systems, as previously announced.INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relationslouis.tonelli@magna.com, (+1) 905.726.7035MEDIA CONTACTTracy Fuerst, Global Director of Corporate… Continue reading Magna Closes Sale of Fluid Pressure & Controls Business to Hanon Systems
Magna annonce ses résultats du quatrième trimestre et de 2018, et augmente son dividende trimestriel en espèces de 11 %
Faits marquants du quatrième trimestre 2018Ventes records de 10,1 milliards de dollars au quatrième trimestre, en hausse de 5 % par rapport au quatrième trimestre 2017Flux de trésorerie liés aux opérations de 1,6 milliard de dollarsRestitution de 585 millions de dollars aux actionnaires par le biais de rachats d’actions et de dividendesAugmentation de 11 %… Continue reading Magna annonce ses résultats du quatrième trimestre et de 2018, et augmente son dividende trimestriel en espèces de 11 %
Magna gibt die Ergebnisse des 4. Quartals und Gesamtjahres 2018 bekannt und erhöht die vierteljährliche Bardividende um 11 %
Highlights des 4. Quartals 2018Umsätze in Rekordhöhe von 10,1 Mrd. US-Dollar im 4. Quartal, ein Anstieg von 5 % gegenüber dem 4. Quartal 2017Mittelzuflüsse aus laufender Geschäftstätigkeit von 1,6 Mrd. US-DollarAktionärsrendite von 585 Mio. US-Dollar durch Aktienrückkäufe und DividendenErhöhung der vierteljährlichen Bardividende um 11 % auf 0,365 US-Dollar pro AktieHighlights des Gesamtjahres 2018Umsätze in Rekordhöhe… Continue reading Magna gibt die Ergebnisse des 4. Quartals und Gesamtjahres 2018 bekannt und erhöht die vierteljährliche Bardividende um 11 %
Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%
Fourth Quarter 2018 HighlightsRecord fourth quarter sales of $10.1 billion up 5% from the fourth quarter of 2017Cash from operations of $1.6 billionReturned $585 million to shareholders through share repurchases and dividendsRaised quarterly cash dividend by 11% to $0.365 per shareFull Year 2018 HighlightsRecord sales of $40.8 billion, up 12% from 2017Record diluted earnings per… Continue reading Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%
Fourth Quarter & Year End 2018 Results Conference Call
AURORA, Ontario, Jan. 30, 2019 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com, 905-726-7035TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relationsnancy.hansford@magna.com, 905-726-7108 Go to Source
Magna to Build the Toyota GR Supra
“Magna adds new customer and additional sports car to its complete vehicle assembly line-upProduction to begin in early 2019Further demonstrates the company’s unique position in the industryDETROIT, Jan. 15, 2019 (GLOBE NEWSWIRE) — As the global automotive industry convenes at the North American International Auto Show and automakers unveil future vehicles, Magna is proud to… Continue reading Magna to Build the Toyota GR Supra
Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH
“Haptronik develops algorithms to enhance the control and feel of power systemsCutting-edge technology will strengthen Magna’s leadership in mechatronicsDeal will help Magna take power doors and liftgates to new levels of excellenceAURORA, Ontario, Oct. 25, 2018 (GLOBE NEWSWIRE) — Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion… Continue reading Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH
Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Forming two Joint Ventures with Beijing Electric Vehicle Co.Facility can support up to 180,000 annual vehicle capacityJV is capable of supporting the needs of additional customersSHANGHAI, China, June 18, 2018 (GLOBE NEWSWIRE) — Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing… Continue reading Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China
Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products
One of the auto industry’s first 48-volt mild-hybrid transfer casesAchieves up to 10% CO2 savings compared to a two-wheel drive systemCan be easily integrated into existing drivetrainsSAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) — Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other… Continue reading Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products