Magna Announces Fourth Quarter 2020 Results and Outlook einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019
Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019
Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019
Raised quarterly cash dividend by 8% to $0.43 per share
Full Year 2020 Highlights
Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe
Returned $659 million to shareholders primarily through dividends
AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020.
Magna International Inc.: Magna Announces Fourth Quarter 2020 Results and Outlook
Diluted earnings per share of $2.45, compared to $1.43 in the fourth quarter of 2019
Adjusted diluted earnings per share of $2.83, more than double the fourth quarter of 2019
Cash from operating activities of $2.3 billion, compared to $1.7 billion in the fourth quarter of 2019
Raised quarterly cash dividend by 8% to $0.43 per share
Full Year 2020 Highlights
Sales of $32.6 billion decreased 17%, compared to vehicle production declines of 20% and 23% in our most significant production markets of North America and Europe
Returned $659 million to shareholders primarily through dividends
AURORA, Ontario, Feb. 19, 2021 (GLOBE NEWSWIRE) Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2020.
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Business Development Analyst
At Deschutes Brewery, we unapologetically make award-winning, damn tasty beer. We are determined to innovate, challenge the status quo, and be thought leaders at every turn. Our company culture bonds us together and creates conditions for success. It is lived daily as a behavioral expression of our collective set of core values: Love It or Dump It, One Team One Dream, Blow Our Customers Minds, Time for Better Is Now, Celebrate, Crafted for Community and Own It! If you are on our team, it means you are part of creating something extraordinary. You re part of Deschutes.
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