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Magna Announces Strong Third Quarter Results

Summary by 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 […]

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The Record broke the news in Woodland Park, United States on Friday, October 30, 2026.
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